Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
Life Insurance
What Can You Do With A Term Life Policy?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="King bell, post: 289463, member: 75687"] A term life insurance policy is a type of life insurance that provides coverage for a specified period of time. It is the most affordable type of life insurance and is the simplest form of protection against financial hardship due to the death of the insured. With a term life policy, you can: 1. Provide protection for your family in the event of your death. The death benefit from a term life policy can be used to help cover final expenses, outstanding debts, college tuition, and/or provide an income for your family. 2. Secure a loan. Many lenders will accept a term life policy as collateral for a loan. 3. Convert the policy to permanent life insurance. Many term life policies allow you to convert your policy to a permanent life insurance policy without having to take a medical exam. 4. Use it as an investment. Some term life policies allow you to access a portion of the death benefit early, which can be used to make investments or pay for large expenses. 5. Utilize the policy as a tax-deferred savings vehicle. Depending on the type of policy you have, you may be able to withdraw money from your policy and make contributions to it on a tax-deferred basis. 6. Leave an inheritance. A term life policy can help you leave money to your heirs without having to pay taxes on the inheritance. 7. Receive a refund. If you outlive your term life policy, you may be eligible for a refund of your premiums. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
Life Insurance
What Can You Do With A Term Life Policy?
Top