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  2. The least expensive type of life insurance is usually term life insurance. It provides coverage for a specific period — often 10, 20 or 30 years — and is typically much cheaper than permanent ...

  3. How Much Does Life Insurance for Smokers & Tobacco ... - AOL

    www.aol.com/much-does-life-insurance-smokers...

    Below is a sample comparison of monthly premiums for a 20-year term policy for a female with a $400,000 death benefit using one of Best Money's top insurance providers. Age: 30 Non-Smoker Premium ...

  4. Types of life insurance - AOL

    www.aol.com/finance/types-life-insurance...

    Term life insurance. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Among the various types of term life insurance ...

  5. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance may be chosen in favor of permanent life insurance because term insurance is usually much less expensive [1] (depending on the length of the term), even if the applicant is higher risk, such as being an everyday smoker. For example, an individual might choose to obtain a policy whose term expires near his or her retirement ...

  6. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    This leads to widespread use of life insurance as a tax-efficient method of saving as well as protection in the event of early death. In the United States, the tax on interest income on life insurance policies and annuities is generally deferred. However, in some cases the benefit derived from tax deferral may be offset by a low return. This ...

  7. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Group life insurance (also known as wholesale life insurance or institutional life insurance) is term insurance covering a group of people, usually employees of a company, members of a union or association, or members of a pension or superannuation fund. Individual proof of insurability is not normally a consideration in its underwriting.

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