It is always wise to examine life insurance policies before you buy. There is much to choose from.
There are basically two types of life insurance policies, term life insurance plans and permanent life insurance plans.
Let us take each type apart and see how they would work for you.
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Click on the links for each type of policy for more detailed information.
If you were to get illustrations on all the
life insurance policies
you would notice that the longer the duration the higher the premium.
The older you get the more life insurance costs. A 10 year term would cost more than a 5 year term policy. Whole life would cost even more because it lasts until age 100.
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