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Term life insurance
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[QUOTE="Phabbyfundz, post: 157532, member: 49202"] Term life insurance is a type of life insurance that last for a certain number of years, then ends. You choose the term when you take out the policy. Common terms are ten ,twenty or thirty years. The best term life insurance policies balance affordability with long term financial strengths. — decreasing term life insurance; decreasing term life insurance is a renewable term life insurance with coverage decreasing over the life of the policy at a predetermined rate. — convertible term life insurance policy; convertible term life insurance allows policy holder to convert a term life insurance policy to permanent life insurance policy. — renewable term life insurance; is a yearly renewable term life policy that provides a quote for the year the policy is acquired. Premium increases annually and is usually the cheapest term insurance in the beginning. [/QUOTE]
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