Did you know there are two main types of life insurance? Yes, it’s true! Before I joined the insurance profession, I thought all life insurance was the same. True, they all designed to pay a tax-free lump sum of money in the event of death; however, the two types are considerably different. To provide some clarification, I figured I would take a few moments to list some of the differences. I trust you will find this beneficial! Enjoy!
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Types of Life Insurance: Term & Permanent