Series 6: 6.3.1. Term Life Insurance

Taken from our Series 6 Online Guide

6.3.1. Term Life Insurance

Temporary life insurance is known as term life insurance and is similar to paying rent. With term life insurance the purchaser pays premiums that 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 available

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