If I buy a term life insurance policy and three month later I die, will my family get the money from my life insurance policy?

Yes, if you are insured and you die your beneficiary will receive the death benefit from your life insurance policy.

They will get the money as long as you didn't lie on your application and didn't commit suicide.

In most states there is a two year exclusion for suicide in life insurance. However, some states have a one year exclusion.

Also, the inconte...

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My husband and I bought a term life insurance policy when he was 40 years old.

It's a 20 year term life policy and he is now 53. When it expires when he is 60 how likely is the life insurance company to renew the policy?

We have a young daughter who will just be graduating from high school at that time and the need to provide life insurance protection will still be there if something happens to him.

If you bought a "guaranteed renewable" rider on the term life insurance poli...

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What is a term life insurance policy? It's a type of life insurance plan that provides coverage for a set period of time.

Term life is temporary, usually for a period up to age 65 or 70. Term life usually provides level premiums for a period of 10, 15, 20 or 30 years. Term life is the lowest priced life insurance compared to permanent life insurance which provides lifetime coverage.

Term life offers the most life insurance at the lowest cost. You have the flexibility of choosing coverage for 10...
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