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Term insurance is beneficial because it can provide security to families and businesses at a reasonable cost. The cost of buying term insurance is low compared to whole life insurance and the benefits paid out can be as high as you want. Term insurance is also an inexpensive method to add on additional coverage to an existing whole life insurance policy.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local insurance attorney to discuss your specific legal situation.