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Exactly every time that someone dies that has a policy. Term insurance is purchased for a particular situation, like to cover a mortgage, to cover education for a dependent, etc. This is why you purchase term insurance, the need should disappear at the same time that the term runs out. Term life insurance works like all other insurance, you die, they pay, that's all.

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2015-06-01 22:23:13
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Q: How often does a life insurance company pay out on term life policies?
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