Definition of term life insurance and various types of insurance

Term life insurance is a life insurance policy by which you can able to avoid or pass your worse time in your lifetime. Mainly you can save your money for certain duration, and after the duration, you will get that. This is the main thing of any insurance policy. But this term insurance policy is the better than other insurance policy just because you can get different types of facilities from it. In whole life insurance, you should pay a premium for a lifetime and your family will get that amount of money but in this case, you can choose the duration of 5, 10 or 20 years.

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