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  2. Term life insurance - AOL

    www.aol.com/finance/term-life-insurance...

    Term life insurance lasts a set duration, typically 10–30 years. Term policies are generally three times cheaper than permanent life insurance. 99 percent of term policies don’t pay out due to ...

  3. Guaranteed issue life insurance - AOL

    www.aol.com/finance/guaranteed-issue-life...

    Guaranteed issue life insurance coverage tends to be much more expensive than term life insurance because it covers high-risk parties. For instance, an older individual who seeks a guaranteed ...

  4. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...

  5. 8 Questions for your life insurance agent - AOL

    www.aol.com/finance/8-questions-life-insurance...

    Your life insurance agent will need to know your age, gender, lifestyle, the type of life insurance you need and your medical status, which may require a physical examination from a medical doctor ...

  6. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  7. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement is the legal sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, to a third party investor. [1] The investor assumes the financial responsibility for ongoing premiums and receives the death benefit when the insured dies.

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