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If you outlive the policy, it expires at the end of the time period unless you choose to resume it or transform the phrase life to long-lasting life insurance.

When you’re thinking about discovering the ideal health insurance or acquiring life insurance, it’s imperative that you know how Every single variety of coverage will work. The most crucial distinction between life insurance and health insurance lies in what every one is intended to do for you.

Term life insurance is mostly far more reasonably priced than long lasting life insurance, simply because the Dying gain could possibly expire.

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