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    have a serious disadvantage. If the person remains alive when the policy tenure comes t
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    A term life insurance covers a person for a substantial period of life, such as ten, twenty or thirty years. A person has to pay premiums, or insurance rates, on the term life policy during this period. Supposing the person dies within the life of the policy, then the value of the policy is provided to the beneficiary.

    Term life insurance policies have a serious disadvantage. If the person remains alive when the policy tenure comes to

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    nty or thirty years. A person has to pay premiums, or insurance rates, on the term life policy during this period. Supposing the person dies within the life of the policy, then the value of the policy is provided to the beneficiary.

    Term life insurance policies have a serious disadvantage. If the person remains alive when the policy tenure comes t

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    olicy during this period. Supposing the person dies within the life of the policy, then the value of the policy is provided to the beneficiary.

    Term life insurance policies have a serious disadvantage. If the person remains alive when the policy tenure comes t

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    he value of the policy is provided to the beneficiary.

    Term life insurance policies have a serious disadvantage. If the person remains alive when the policy tenure comes t

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    have a serious disadvantage. If the person remains alive when the policy tenure comes to an end, there can be no claim. There will be no monetary benefits at the end of the term. This implies the money paid as premiums is wasted.

    A term life insurance policy can be made for a period of one to hundred years. If it is a one-year policy, then the cost of coverage is greater. If the policy is extended, then the cost of coverage rises. In

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