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Life Insurance Industry in US

439 bytes added, 15:24, 2 May 2009
/* Overview of Life Insurance */
Depending on the requirements of the individuals companies are giving them an option whereby they can convert their temporary insurance policy to permanent insurance policy.
===Term Life Insurance===
Term life insurance provides death benefit coverage with a guaranteed level premium for a specific period of time - usually 10, 15, 20 or 30 years depending upon which product you choose.
 
Term life insurance can help one’s family pay for necessary expenses if he/she dies unexpectedly. The death benefit can help the family maintain their lifestyle, cover children’s college tuition and pay off a mortgage.
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