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Yes, monthly payments are more for a 20 year term life insurance policy than for a 10 year policy. This is usually the case for all forms of insurance since the insurance company is in effect taking on more risk by insuring you for a longer period of time when injury and health problems could arise.

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Q: Are monthly payments more for a 20 year term life insurance policy from Mutual of Omaha more than for a 10 year policy?
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