Term life insurance is considered temporary insurance,since the policy is in effect for only a relatively short period of time.

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Term life insurance is designed to provide coverage for a specific term or period of time, typically ranging from 1 to 30 years. Once the term has ended, the policy expires and coverage ends. This temporary nature of the policy is what distinguishes it from permanent life insurance, which provides coverage for the lifetime of the insured.

Term Life Insurance Is Considered Temporary Insurance,since the Policy Is