What is the definition of long term life insurance?

Long term life insurance is life insurance lasting for a long period of time. 

There is permanent life insurance that lasts for your entire lifetime.

In addiiton, there is term life insurance that lasts for a long period of time, including 20, 25 or 30 years.

With long term term life insurance policies you select coverage for a "term" that meets your needs and if you pass away during the period of your life insurance term, your policy death bene...
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