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Insurance Facts

The term varies but a monthly premium is very common.

Term life insurance is one of two basic types of life insurance.

When you lock the price of permanent life insurance in, that price is to remain constant throughout the life of the policy.

For those people who decide to take out a permanent policy, the low rates will remain the same over the life of the policy.

When you purchase term life insurance, you pay a premium and the policy is then put in place for a specific amount of time or term.