Series 7: 8.3.1. Term Life Insurance

Taken from our Series 7 Online Guide

8.3.1. Term Life Insurance

Temporary life insurance is known as term life insurance and is similar to paying rent. The purchaser pays premiums, which provide a guaranteed death benefit to a beneficiary if the insured dies during a specified period of time. If the insured does not die during this period, the option is availabl

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