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Yes you can have two or more life insurance policies. There is usually no limit to the number of policies you can own. Insurance companies are concerned about the total amount of coverage in force or applied for.What is home beneficial life insurance company?
Home Beneficial Life Insurance was a Richmond, Virginia insurance company founded in 1899 by William Smith Morton. The company was sold in 1997 to American General Life and Accident Company, according to the Mary Morton Parsons Foundation, a charity founded by Morton's daughter.Is term life insurance permanent life insurance?
Term life insurance policies are temporary, but you can convert to a permanent life policy if you have a "convertible" term life policy. Though most term life plans are convertible, many policyholders don't take advantage of it. Instead, they let the term life policy lapse and then buy a new term life policy or go without coverage.