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What is Term Life insurance for 30 years?

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Life Insurance

If a person wants to buy 30 year term life insurance for 0,000. What happens if the insured is still alive after 30 years when the term is ended? Does he/she lose the money? If he/she wants to continue to have life insurance after the term has ended, does he/she have to buy term life insurance again but for a shorter term?

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