insurance 1 | insurance 2 | insurance 3 | insurance 4 | insurance 5 |
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What is perm life insurance
lifetime coverage as long as premiums are paid
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which one builds up cash value
perm life insurance
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What is term life insurance
provides coverage only for a specific amount of time
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which one doesn't build up cash value
term life
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who typically buys the life insurance
young and old people who have kids would typically buy life insurance
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how much does term life cost
$26 for a 20 year policy
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how much does perm life cost
$500 or $1,500 on average
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