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Essay

Permanent vs Term

Essay specific features

 

Issue:

Business

 

Written by:

Douglas Y

 

Date added:

April 27, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 458

 

Was viewed:

8144 times

 

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Essay content:

It is good for when large amounts of insurance coverage is needed in a shorter term. This can be widely used to cover business liabilities because some loan terms require a person to have enough insurance to cover the loan balance in case of death. Ten and twenty year terms are the most popular, but recently a thirty year term has become available...
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Ten and twenty year terms are the most popular, but recently a thirty year term has become available. The monthly costs are less expensive, therefore available to those who have a need for insurance but a lack of resources. Although term insurance has its benefits, it also has its downfalls. Once the term limits are over, the insurance, benefits, and all paid premiums are gone...
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