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Guide to Types of Life Insurance,

Types of Life Insurance If you’re in the market for life insurance, the first decision you are going to face is whether you want to buy a term or whole life policy. While the difference between these two options may seem trivial at first, it is actually pretty important. In the long run, choosing the right policy for your circumstances could save you big money without sacrificing your life insurance needs. So, before you settle on one or the other, it’s a good idea have a thorough understanding of both types of life insurance, their costs and their benefits. We’ll get into all of that, but first, let’s figure out what each of these terms means. Term Life Insurance The defining feature of a...

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