I want to purchase a life insurance policy but I'm not sure which type of life insurance will be right for me.

There are two type of life insurance policies - Term and Permanent.

Term is temporary life insurance for a period of 1 to 30 years. Most term life policies provide coverage for a "term" of 10, 15, 20 or 30 years. So, if your need for life insurance is for 30 years or less, then term life insurance may offer you the most affordable option.

Permanent (whole) life insurance provides guaran...
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