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hadley

Protect Your Family Today

Asked about “How Does Term Life Insurance Work?”

What is term life insurance?

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Posted 2009-01-22T20:13:04Z
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brosen

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Term life insurance is valid for a specified term or until you stop paying premiums. Upon death your family will get more per dollar premium than for straight life. In straight life, your policy earns dividends and/or interest so if you decide to cancel you can get some of your money back. This is not the case with term, which is why you can get more for your dollar but no savings.

Posted 2009-01-22T20:18:26Z

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hadley

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Protect Your Family Today

I found a couple of sites that provide a complete review of term life insurance at lifehappens.org and term life online.

They provide articles, tips, reviews, and videos explaining life insurance and term life insurance.

Posted 2009-01-25T16:45:47Z

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Denise

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Undeniably, the most popular type of policy today, term life insurance is a policy that can be purchased for a pre-determined term period – from as little as one year to thirty years. In the event of a death within this period, the appointed beneficiary will receive the death benefits of the policy. The annual premiums for this type of policy are inexpensive as compared to permanent life insurance rates. There are options available within this type of policy as well such as level term life insurance and Return of Premiums (ROP). This is a popular insurance option due to its affordable premiums and high death benefits. You can check out http://www.accuquote.com/types.cfm for more information on term life insurance.

Denise at AccuQuote

Disclaimer: I work for AccuQuote and this is my personal opinion.

Posted 2009-02-18T09:22:14Z

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d412104

7 answers

See here term life insurance

Posted 2009-04-21T16:43:30Z

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jenniferadams1985

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Term insurance or term life insurance is "Life insurance that provides protection for a specified period of time. Common policy periods are one year, five years, 10 years or until the insured reaches age 65 or 70. The policy doesn't build up any of the nonforfeiture values associated with whole life policies" according to http://www.ambest.com/

Posted 2009-10-29T12:17:42Z

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