There are different types of life insurance policies. Here are a few of the most common: Whole Life Universal Life (UL) Term Life Return of Premium Term (ROP) Whole Life is the most traditional and considered to be permanent life insurance. It pays WHEN you die and builds cash value over the years as you
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The simple answer to this question lies in the answers to a few others. What are you trying to insure? For how long do you need to insure it? Here are some common answers: Replace lost income, family protection Pay off debt like credit cards, large loan or mortgage. Pay for kids’ college funeral and
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