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TermLife was the first kind of lifeinsurance ever offered and is the purest form as well as the most affordable. For only a few dollars per month, people can get up to $500,000 in coverage that can remain in force for up to 30 years and sometimes more. Rates for such policies are at their lowest level in.

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TermlifeInsurance is a policy that pays the face amount (limit of coverage) in the event that the insured dies within the policy period. If the insured outlives the policy nothing is paid out. This is the basic example of how termlifeinsurance policies work and each insurance company offers slightly.

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