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 Can you cancel term life insurance?

Answer You can cancel term life insurance. Term insurance is coverage for a specific period for which a set monthly premium is due. Failure to make premium payments will result in coverage cancellation... Read More »
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Top Q&A For: Can you cancel term life insurance

Can an employer cancel an employees life insurance while they are out on long term disability for a terminal illness Massachusettes?

Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?

Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with.... Read More »
http://wiki.answers.com/Q/Can_your_employer_cancel_your_health_insurance_when_you_are_o...

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »
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What is term life insurance and whole life insurance?

Term life and whole life insurance are two types of policies that provide a financial benefit when the insured passes away. Both life insurance policies have advantages in costs and protection that... Read More »
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