Some say that every type of life insurance is term insurance: For all forms of life insurance, you pay each year. The only difference between term insurance and all the others is whether you pay the premiums directly (as with term life insurance) or the payment comes out of the earnings from an investment that the insurance company holds (as with other types of life insurance). In this chapter I discuss the attributes of term life insurance that distinguish it from the other forms. I cover the various provisions that differentiate each attribute and each type of term life insurance.
About Term Insurance
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