Do you get your money back at the end of a term life insurance 2024?
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Works at the International Organization for Migration, Lives in Geneva, Switzerland.
It is basically a term life policy with a rider attached that returns all of your premiums to you if you outlive the term. A major benefit of this type of policy is that the premium money returned to you is completely tax-free, as it is not considered income but simply a refund of premiums.
2023-05-14 11:59:08
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Amelia Patel
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It is basically a term life policy with a rider attached that returns all of your premiums to you if you outlive the term. A major benefit of this type of policy is that the premium money returned to you is completely tax-free, as it is not considered income but simply a refund of premiums.