How does one use short term insurance policies, you need coverage for a limited period of time.
Most life insurance needs are for the long term but there are some needs that are categorized as short term needs.
Let us take a look and see why you would need shorter coverage time, coverage for limited term periods.
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Death proceeds from 10 year life insurance can be in lump sum form or incomr form
The 5 year term life insurance policy has been around in insurance circles for a very long time. It can be sold as a policy or as a rider to a permanent life insurance policy.
The 20 year term insurance policy is one of the most sought after life insurance policies.
Take a look at 20 pay life insurance. Most people know that you buy whole life insurance if you want to be covered for the rest of your life even if you live to age 100.