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Extended Term Life Insurance Option Definition

This refers to an option available to some whole life insurance shoppers which allows the insured to use the policy’s cash value to buy additional term life insurance.

Life Insurance Articles

• Whole Life Insurance
• What is a Universal Life Insurance?
• Waiver of Premium
• Viator
• Viatical Settlement Provider
• Variable Universal Life Insurance
• Acceptance
• Variable Annuitization
• Accumulated Amount
• Accidental Means

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