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Joined November 19th, 2020
A 40-year-old, non-smoking guy in excellent health would pay just $31 each month for a 20-year term policy for $500,000. Compare that rate to the same 40 year old who purchases a whole life insurance coverage policy for $500,000. His expense would be $639 per month! While term is usually the ideal option if you're under age 60 and desire to protect your family versus the loss of your earnings, senior citizens can also utilize term life insurance coverage to spend for funeral service and last ex…
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