Financial Literacy – Temporary Life Insurance
What is temporary life insurance?
Temporary life insurance is protection for a specific period of time. We’re talking 10, 20, or 30 years. It’s the most affordable because it provides a death benefit. Term insurance, a form of temporary life insurance, expires after a certain term (i.e. 10, 20, 30 years) that’s why it’s called term insurance. It’s for those with limited budgets DURING times of “high financial responsibility”.
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