No one wants to think about their own death, but it’s important to be prepared for the worst. Term life insurance is one way to help your loved ones financially if you die unexpectedly. But what happens if you outlive your term life insurance policy? Most people choose term life insurance because it is more affordable than whole life insurance. Term life insurance covers you for a specific period of time, usually 10-20 years. If you die during that time frame, your beneficiaries will receive a death benefit. If you…
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