Sentences with phrase «year level term life insurance policy ends»
They know that, when a 10 - year level term life insurance policy ends (or lapses), you are likely to purchase a new policy.
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You buy a level term life insurance policy, usually for 15, 20 or 30 years, and pay a higher premium, generally 25 - 50 % more, for the opportunity to get100 % or your premiums refunded at the end of the level term period.