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What Is Modified Term Life Insurance?

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One response to “What Is Modified Term Life Insurance?”

  1. Peggy Mace Avatar
    Peggy Mace

    Modified Term Life Insurance is a term policy in which the premiums will go up over time, or the face amount will decrease over time. If you only need a large amount of life insurance during the first part of the policy, a modified plan could be a suitable option.

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