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What is term insurance and life insurance?


Asked By: Adah Hora



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5 Answer(s) Available

Internet/Social Media Enthusiast Service Delivery Financial Statements Milwaukee United States


Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified "term" of years. If the insured dies during the

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Journalist Partnerships Business Requirements Spelling Agra India


Term insurance only provides death benefit in case of demise of the insured within the term whereas a life insurance offers both death and

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believer, atheist by mood,self motivator at Last BenchStudents Ux Payroll Operations Accounts Receivable Atlanta United States


Term life insurance is a type of life insurance that guarantees payment of a death benefit during a specified time period.

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Executive at Pidilite Industries Limited Travel Beverage Drawings Certification Oakland United States


The most common difference between a term insurance and traditional life insurance plan is that a term insurance plan only provides death benefit in case of demise of the insured within the term period, whereas a life insurance policy offers both death and maturity benefit to the insured.

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Title Examiner Marketing Plans Industry Experience Css Asset Management Jaipur India


Term Life Insurance. The simplest form of life insurance, a term plan offers a lump sum paid as Death Benefit (Sum Assured). The coverage is available for

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