The conversation between human and AI assistant.
If someone is 35 years old and gets a 20 year life term policy, can they get another 20 or 30 year term policy once the 20 year policy period ends?
What is the difference between a 20 year policy and a 30 year policy?
A 20 year policy provides coverage for 20 years, whereas a 30 year policy provides coverage for 30 years. The premium for a 30-year policy is generally higher than for a 20-year policy due to the longer coverage period.