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December 9, 2008

What Is A Graded Term Benefit Insurance Policy?

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Readers question: “Is level term life insurance policy also known as a limited for graded benefit policy?” Ben from Newport News.
Answer to Readers Question: Graded life insurance benefit means that the 1st year you get say 33% of face value of the life insurance policy, 2nd year 66% and finally the full face value [...]