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  2. I’m 70 years old and retired with a $2.5M investment ...

    www.aol.com/finance/m-70-years-old-retired...

    If you're 70 with a $2.5 million investment portfolio, continuing to pay life insurance premiums might not make sense. ... With term life insurance, you’re solely paying for coverage, so you can ...

  3. Life Insurance: How to Choose The Best Option for You ... - AOL

    www.aol.com/life-insurance-choose-best-option...

    Term life insurance provides temporary coverage for a specific period, usually ranging from 5 to 30 years. These policies offer high coverage amounts, often up to $5 million or more, at relatively ...

  4. Term life insurance - AOL

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

    For instance, you might designate 70 percent of the death benefit to your spouse and 30 percent to your adult child. If you pass away during the policy term, the insurance company will distribute ...

  5. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  6. 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.

  7. 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 ...

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