What is term life insurance? Surprising as it may sound, people still ask how term insurance works.
You have an interest in buying term insurance, that is why you are reading this article, and you want to know how it really works. Right?
You want to know if term insurance is the right type to buy. You also would like a little information on the best type for your particular situation.
Well, there are many types of term insurance and I am going to give you a brief explanation as to how some of the most popular term policies work.
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20 year life insurance, term is one of the most popular policies.
Is no exam life insurance a new thing? If you read some of the writings on the subject you would think it is. The fact is that the idea is not new at all.
The 20 year term insurance policy is pure insurance which has a level death benefit and no cash values.
When you purchase a 15 year term life insurance policy you enjoy level insurance coverage for the entire 15 year period.