What is Term Insurance Policy and Types of Term Insurance

Wikipedia of Finance - Wiki-Financepedia - e-learning course on Insurance Wikipedia Chapter - Types of Term Insurance Policies

Term Insurance Definition: Under this insurance, coverage is for a specified amount of time. Beneficiaries are paid at face value of policy and are protected from any financial losses upon death. Maximum duration for the term insurance is usually 35 years. Term life insurance is most frequently selected policies from life insurance. It is very …

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