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When the term is up on term life insurance, what happens to the money you paid? do you get it back?

im in my early twenties and im looking for life insurance outside of my job. i want to know if you sign up for term life insurance and the term is up what happens with the money you've paid? or is it just better to sign up for whole life insurance?

Public Comments

1. Once the Term of the coverage is over, the CEO of the insurance company adds that to his multi-million dollar bonus. Gotta love private health care as a cash cow!!!
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