Tell Me What Is The Different Type Of Life Insurance?

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Home Insurance Agent

⟩ Tell me what is the different type of Life Insurance?

There are two type of life insurance

a) Term Life Insurance:

Term life Insurance is a type of life Insurance, which provides coverage for fixed rate of premium for a limited period of time. Term Insurance can cover you for the term of one or two years.

b) Permanent Life Insurance:

Permanent Life Insurance coversan individual for the whole life; people take permanent life insurance about 25-30 years normally. The premiums are slightly higher than Term Life Insurance.

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