Money Back Life Insurance
How can I get money back life insurance?
Today there is coverage available that offers you a money-back life insurance policy.
There are Two Types of Money-Back Life Insurance:
- The traditional whole life insurance policy that accumulates cash value within the policy. If you cancel the policy you may receive money from the value inside the policy.
- Return premium term life insurance offers you term insurance coverage for a specified period of time. If you outlive the policy term, you will receive money back from the premiums you paid into the policy. However, return premium term life insurance is much more expensive upfront than regular level term life insurance.
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