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This Term policy allows you to receive back 50%, 75%, or even 100% of your money back at the end of the Term period for your policy! (Typically more expensive than a regular term)
The affordable route to get as much coverage for as cheap as possible! This is often used to protect the bread winners loved ones incase of death.
MOST USED FOR MORTGAGE PROTECTION.
The decreasing Term insurance is a term life policy with a death benefit that gets smaller over time. It's beneficial if you expect your loved ones to gradually need less financial support as time passes.
You can't extend your current term life insurance policy, you can convert your term policy into a permanent insurance policy or buy a new term at the new age.
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