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What is the difference ?

Term Life 


Provides coverage for a limited time period (term), as long as premiums are paid 

 Provides a death benefit, but typically no cash value 

 Initially, less expensive form of life insurance 

 May be renewable or convertible 


Permanent Life

 Provides lifetime coverage, as long as premiums are paid 

 Cash value accumulates over time and creates an asset which may be used during your lifetime 

 Level premiums for the length of the policy. 

 May offer flexible premium payments 

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 Disclaimer: EJINSURANCEGROUP is not endorsed by the Centers for Medicare & Medicaid Services (CMS), the Department of Health and Human Services (DHHS), or any other government agency. Enrollment in any plan depends on contract renewal. This site may not have a complete list of plans available in your service area. For a complete listing, please contact your agent or visit www.Medicare.gov. This information may not be a complete description of your benefits. Contact a licensed agent or your existing plan for more information on limitations, co-payments and restrictions that may apply. Benefits, premiums and/or member cost-share may change on January 1 of each year as per CMS. By calling the number above you will be directed to a State licensed insurance agent. 







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