Term assurance insurance quote

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TERM ASSURANCE POLICY
A life assurance policy that will only cover a specific term from the date it was taken out e.g. 10 years. With a term assurance policy, the payment on death will be the only benefit. If the person covered survives for the full term, there is no benefit paid out. This contrasts with some other life assurance policies, e.g. endowment policies, where there is an investment element which will be paid out if the life assured survives for the full term. Can also include Critical Illness cover.

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