If you want to get your premiums back on a life insurance policy you would pay extra for return-of-premium term life insurance.

Premiums are higher on return of premium term life compared to regular term insurance policies. With regular term life coverage if you outlive the duration of your policy, then the coverage expires and there is no payout or refund of premiums.

However, with a return of premium term policy, if you outlive the coverage term, the insurer refunds the premi...
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