Term Life Insurance

Sunday, September 25, 2016
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FAQ’s: Life Insurance

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Should I buy term life or permanent life insurance?

 

The type of life insurance you need is dependent upon your particular needs. Term life insurance is appropriate and more cost effective for temporary needs which may be a period of one to thirty years. On the other hand, permanent life insurance is better for permanent or long term needs. In some cases, a mix of both term life and permanent life insurance may be suitable.