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Understanding Term Insurance and Life Insurance: Secure Your Future Today | # term policy calculator

Understanding Term Insurance and Life Insurance: Secure Your Future Today

Understanding Term Insurance and Life Insurance: Secure Your Future Today

Life insurance, on the other hand, is a broader term that includes various insurance products such as whole life, endowment, and unit-linked insurance plans (ULIPs). Unlike term insurance, most life insurance plans provide both death benefits and maturity benefits. This means even if the p