Here are the basics that you need to know about life insurance. In the video, our Head of CX, Teddy Hess, gives a rundown of the basics of a typical life insurance policy, such as how much you get (face amount or death benefit), how much you pay (life insurance premium or price), and how long it lasts (policy term length). He also describes two types of life insurance– term life insurance and permanent life insurance – and examples of how premiums might look for each.
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