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| LIFE INSURANCE-Individual Term or permanent?
It depends on your needs and your immediate
budget.
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| Permanent insurance provides coverage that never runs out
as long as you continue to make the payments. It can have a savings
component if you desire, and it can provide a stable payment, required in
some trusts. On the other hand, it is more expensive than term. |
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| Term can provide inexpensive coverage for 5, 10, 20 or
even 30 years, after which it terminates, or becomes so expensive that you
don't keep it. It is perfect if you need to add extra protection while you
have a family, a mortgage, a business, or are experiencing a cash crunch.
Tailor it to your budget if you like.
Need a quote?
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