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Oregon Life Insurance Company

Oregon Term Life Insurance Quotes Term life insurance is a type of life insurance that assures repayment of a survivor benefit during a defined period. Term life insurance, likewise called pure life insurance, is a type of life insurance that assures repayment of a stated survivor benefit if the covered individual passes away during a defined term. Once the term ends, the insurance policy holder can either renew it for an additional term, transform the policy to long-term insurance coverage, or permit the term life insurance policy to terminate. If you die during the policy term, the insurance provider will pay the policy's face value to your beneficiaries. You might have the ability to renew a term policy at its expiry, however the costs will be recalculated for your age at the time of renewal. Oregon Life Insurance Rates This kind of insurance commonly permits customers to initially buy even more insurance protection for less cash (premium) than other kinds of life in