Taylor Jones has a life insurance policy that returns every cent she pays in premiums if she outlives the term of the policy.She knows this policy costs 30 to 50 percent more than a traditional policy but thinks it is worth it.What type of term life insurance does Taylor have?

Question

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Taylor has return-of-premium term life insurance, which returns all of the premiums she paid if she outlives the term of the policy. This type of policy costs more than traditional term life insurance, but Taylor thinks it is worth it for the peace of mind it provides.

Taylor Jones Has a Life Insurance Policy That Returns Every