Wednesday, February 13, 2008

Term Life Insurance

Term life insurance



It focus more into protection to the beneficiaries based on period of time.


Compare to other type of Life insurance, Term Life insurance will be the most easier way to protect your family when you are death. It is actually formed to protect temporary support to your beneficiary in term of financial. The term Life insurance can also be use to insure other thing such as Life insurance coverage to settle your loan and also insurance protection during the development of your child.

In most of the country, some of Insurance company provide policy term of premium such as for 5 years, 10 years, 20 years and 30 years in time. When the premium expired at the end of the contract, it can be renew up to the age of 85 and even to 95 years old in some country.


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