Differences between term and cash value life insurance

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Question: Describe and discuss the differences between term and cash value life insurance. If you were going to recommend a life insurance policy to a friend who has no life insurance, would you recommend purchasing a term or cash value policy? Take into consideration the personal needs of the friend, such as, sole-financial provider, age, life styles, etc. Explain your reasons and recommendations.

Reference no: EM131794726

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