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  2. 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.

  3. 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.

  4. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

  5. What is a life insurance premium and how does it work? - AOL

    www.aol.com/finance/life-insurance-premium-does...

    A life insurance premium is the rate you pay for life insurance coverage. Life insurance premiums are determined using factors such as age, health, policy type and coverage limits.

  6. What is short-term life insurance? - AOL

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

    Key takeaways. Short-term life insurance is a type of term policy designed to cover individuals for a short period of time, often less than a year.

  7. How to buy life insurance in 8 steps - AOL

    www.aol.com/finance/buy-life-insurance-8-steps...

    Term life insurance: Term life insurance is generally the cheapest kind of life insurance. It provides coverage over a specific term period, usually between 10 and 30 years.

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