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Term Life Insurance

Term life insurance is the most affordable type of life insurance. A term life policy is straightforward and often used to cover lost income to ensure your family can cover financial obligations like mortgage payments, college tuition, or managing a business. Term life coverage insures you for a specific amount of time. If you pass during that time frame, your beneficiary receives the policy pay out.

Details to know about term life insurance:

  • Insures you for a specific time, typically 10 to 30 years

  • Policy offers guaranteed premium for coverage term

  • Can be converted to a permanent product

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