Simplified Issue Term Life Policy

 A term life insurance policy is a contract that lasts for a set period (usually between 10-30 years). The insurance company pays your beneficiaries a lump sum if you die while the policy is active. These policies are ideal for a young family needing temporary mortgage protection coverage and coverage for the years your family relies on you financially. It's less expensive than permanent life insurance and could better meet monthly budgets. 

Also, with the policy being "Simplified," no exams are required as long as you meet the specified guidelines determined by the insurance company.

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