Life Insurance Learning Center - Policy Features
Life Insurance Policy Duration.
Duration refers to the maximum period of time over which the policy coverage continues, provided that the insured is still alive and that the policy is still in effect.
There are many possible life insurance policy durations available to fit your needs. Some are for a set number of years or until the insured reaches a certain age (term life insurance policies), while others remain in effect until the insured dies or turns 100 (whole life insurance policies).
Make sure to thoroughly research the different types of life insurance before determining which duration is right for you.
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