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When Should You Choose Term Insurance Instead Of Whole Life Insurance?
When it comes to life insurance, it's important that you keep that saying in mind.
Most people are familiar with "whole" life insurance. This is the kind of insurance where you will get back a certain amount of money when it "matures" at the end of the insured period.
What you may not know is that there is another form of life insurance called "term" life insurance.
Similar to whole life insurance, when you get a term life policy, you pay a sum of money (the "premium") to the insurance company, and in exchange the company promises to pay out a certain amount of money should you die during the period for which you are cove... [ Read Article ]
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