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Life Insurance

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Term Life Insurance

life insurance that pays a benefit in the event of the death of the insured during a specified term.

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Whole Life Insurance

life insurance that pays a benefit on the death of the insured and also accumulates a cash value.

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Guaranteed Issue Life Insurance

Policy that provides cash benefits to a beneficiary upon the death of the person who's insured. The insurance company can offer it to anyone.

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Accidental Death Insurance

Any death due to an accident with some exclusions such as war, illegal activities, regular dangerous activates.

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Types of Life Insurance

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