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What happens when term life insurance matures?

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What happens when term life insurance matures?

This intriguing question comes from Insurance

I got this question in semester exam.

Other related questions to my question are:

What happens to term insurance after maturity?

What happens at the end of term life insurance policy?

Do you get your money back at the end of a term life insurance?

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The correct answer is: When a term life policy matures the original premium payment agreement expires and now the policy owner must either pay a higher premium or find another life insurance policy. The overwhelming majority of term life insurance policies issued today are level term policies.Sep 3, 2020

The title of my answer can be What Happens when a Term Life Policy Matures?

My answer's reference is The

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