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Term Life Insurance Term Life Insurance provdes a predetermined death benefit for a fixed period of time. The most common type ot Term Life Insurance is Level Term. A Level Term policy has the same periodic premium throughout the duration of the level period - usually 15, 20 or 30 years.
Term Life insurance policies are a good choice for meeting specific needs, such as ensuring that your home will be paid for if your spouse dies prematurely, or that funds will exist for your children to attend college in the event of your premature death.
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