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Term Life
Term insurance is also great for other short-term needs, such as mortgage or other loan protection, and business planning. Coverage from one to 30 years is available. Money-back term is now available, refunding 100% of the paid premiums at the end of the term period. Term insurance may not be the best long-term insurance solution for you, as it becomes very expensive as one ages. Whole life and universal life are better options for a steady premium.
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