Of course, the more coverage you get, the more expensive the policy will be. Term life insurance offers protection for a set period of time. Thank you for choosing to learn more about Residential Title Insurance. Haven made the life insurance process very streamline and efficient. That term won’t break the bank and provides solid insurance protection for your family. Pennsylvania’s insurance commissioner is outspoken about the drawbacks of short-term health plans. Policy and rider form numbers and features may vary by state and may not be available in all states. Haven Life is a customer centric life insurance agency that’s backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). Both the 20-year and 30-year term lengths could work well for people with younger children. Short-term insurance was primarily designed to cover short term gaps in coverage. Haven Term Simplified is a Simplified Issue Term Life Insurance Policy (ICC19PCM-SI 0819 in certain states, including NC) issued by the C.M. 35Male$18.06$23.34$32.01$40.67 For many young parents, the answer may be no. We believe navigating decisions about life insurance, your personal finances and overall wellness can be refreshingly simple. Term life policies are usually available in increments of 10, 15, 20 or 30 years. LEARN MORE Universal life insurance Universal life insurance offers both the protection of term insurance as well as a cash value element, like whole life. You wouldn’t want to leave your loved ones with debts to repay without your assistance. Life insurance comes in many varieties at a wide range of costs. List of State Insurance Commissioners . Washington, D.C. 20001 The Indiana Department of Insurance will host its annual IDOI CLE Event on October 1, 2020. Wed, Apr 14 - Sat, Apr 17 2021, All day. If you’re joining your finances and taking on any debts – such as a mortgage – together, you’ll want to have a term that is long enough to last until those debts are paid off. Here’s how it might affect your life insurance. Greg Abbott (R) to complete the unexpired term of former commissioner David Mattax. You might be one of the growing number of people who care for their aging parents in their homes. When you are young and have many milestones ahead of you, both financial and personal, a longer term length can buy you the flexibility you need. The most common term for a fixed-rate mortgage is 30 years. Last Updated 4/17/2020. The same goes if you anticipate that you’ll otherwise be financially independent in 10 years or less and want to put some insurance protection into place should the unexpected happen during that time period. Last updated: April 12, … You might find that a 10-year term could offer protection during that gap of coverage until your youngest child is in college or a self-sufficient adult. Here are term life insurance premiums for men and women in excellent health for a 10-year Haven Term policy, issued by MassMutual, at different ages: When choosing term length, it’s essential to keep in mind that that term life insurance is intentionally meant to be one of the simpler and more affordable types of life insurance. We're committed to making life insurance less time-consuming and far more rewarding. In 10 states—California, Georgia, Kansas, Louisiana, Mississippi, Montana, North Carolina, North Dakota, Oklahoma and Washington—the insurance regulator is elected. There are no state-specific regulations for short-term health insurance in Georgia, so the state defaults to the federal regulations. Issue: Short-term, limited-duration insurance (STLDI) is a type of health insurance that provides coverage to policyholders for a period of as little as a month to as long as three years. Insurance Terms Used in the Area of Residential Title Insurance. I am excited to be Governor Newsom's partner in expanding affordable health care for every Californian. Insurance state regulators are the government officials who, along with their departments and staff, regulate the conduct of insurance companies and agents in their respective state or territory. You can learn more about her at, How to buy affordable term life insurance online. However, you might need more – or less – depending on the debts you owe, the size of your family and other factors. These individuals are also able to save a little money because a 20-year term costs less than a 30-year term length policy. Our Agency license number in California is OK71922 and in Arkansas 100139527. Many experts recommend having a death benefit that is equal to five to 10 times your annual salary. We will use every resource to crack down on fraud, which continues to cost consumers and businesses millions of dollars. History of the National Association of Insurance Commissioners . Concurrent with that of the governor by whom he is appointed, or for the unexpired portion thereof, Appointed by commissioner of the Department of Community and Economic Development, At the pleasure of the commissioner of the Department of Community and Economic Development, Appointed by governor, subject to confirmation by Senate, Six years and shall expire on the third Monday in January of the appropriate year, but he may be removed by the governor for cause, Appointed by governor with advice and consent of Senate, By the people in the same time, place, and manner as the governor not to exceed two four-year terms, By the qualified electors of the state at a general election for a term of four years and shall be commissioned by the governor, Appointed by the mayor with the advice and consent of the Council, Appointed by Financial Services Commission, The commission shall appoint or remove the director by a majority vote consisting of at least three affirmative votes, with both the governor and the chief financial officer on the prevailing side, Four years, elected at the same time and hold office for the same term as the governor, Appointed by governor with the advice and consent of the Legislature, At the pleasure of the governor, under the direction of the director of Revenue and Taxation, Appointed by director of Department of Commerce and Consumer Affairs, approved by governor, At the pleasure of the director of the Department of Commerce and Consumer Affairs, Four years, subject to earlier removal by the governor, Appointed by governor with consent of Senate, Four years at the election for governor and other state officers, Appointed by governor, subject to review by the joint standing committee of the Legislature having jurisdiction over banking and insurance and to confirmation by the Legislature, Term coterminous with that of the governor, at the pleasure of the governor, Appointed by governor with confirmation by Senate, Term ends with the term of the office of governor, the term shall end if the governor vacates office, Four years, elected at the general election as other state officers, Appointed by governor, subject to confirmation by Legislature, At the pleasure of the governor unless a specific term has been provided by law, Appointed by director of Department of Business and Industry, At the pleasure of, the director of the Department of Business and Industry, Appointed by governor with advice and consent of governor's Executive Council, At the pleasure of the governor during the governor's term of office and until the appointment and qualification of the commissioner's successor, Appointed by Public Regulation Commission, At the pleasure of the Public Regulation Commission, Appointed by the Insurance Nominating Committee, Shall hold office until the end of the term of the governor by whom he was appointed and until his successor is appointed and qualified, At the pleasure of the governor during the term of the appointing governor, Appointed by director of Department of Consumer and Business Affairs, At the pleasure of the director of the Department of Consumer and Business Affairs, Four years and until his successor is appointed and qualified, Appointed by secretary of Department of Revenue and Regulation, At the pleasure of the secretary of the Department of Revenue and Regulation, Two years, expires on February 1 of each odd-numbered year, Appointed by State Corporation Commission, At the pleasure of the State Corporation Commission. Once in retirement, the need for life insurance diminishes because your family is no longer counting on your income for support. 7700 East First Place NCSL Staff Contact: Heather Morton, Denver, (303) 364-7700. Her work has appeared in Kiplinger’s Personal Finance, Business Insider, Chicago Tribune, Forbes, MSN, Yahoo and many more print and online publications. Political Subdivision Risk Management Commissioner Regulations, Indiana Administrative Code Title 762. The proceeds of your life insurance policy can help your better half to continue to pay the bills. So if you want to buy an affordable term life policy, how do you decide what term of coverage to get? We need bold action to ensure our communities adapt and are resilient to this new reality. That’s because if you die during that term, the insurer will pay a death benefit to your beneficiaries. Neither Haven Life nor MassMutual are responsible for the provision of the benefits and services made accessible under the Plus Rider, which are provided by third party vendors (partners). A 30-year term length can be affordable. Consider the following: For those who are more risk averse and want wiggle room, they may opt for the 30-year term length. Des Moines, Iowa – The Centers for Medicare & Medicaid Services (CMS) announced recently an ACA special enrollment period begins February 15, 2021 and ends May 15, 2021 for Iowans purchasing or changing their Affordable Care Act (ACA) individual health coverage. You can learn more about her at CameronHuddleston.com. But, while you’re young and healthy, a 30-year term length could provide peace of mind while you’re building a substantial financial cushion. Short-term plans may offer coverage for some of the same types of health care services as traditional comprehensive health insurance… If you should happen to pass away before your mortgage is paid off, the proceeds from your 30-year term life insurance policy could be used by your family to help pay off the mortgage or to continue paying the monthly note. Mont. The plans offer limited coverage and benefits. Here are term life insurance premiums for men and women in excellent health for a 30-year Haven Term policy, issued by MassMutual, at different ages: A 20-year term length is the most popular choice with Haven Term policyholders. NC Department of Insurance Newsletter - December 2018. The younger and healthier you are when buying coverage, the more affordable your term life insurance rates will be. The life insurance policy payout will help pay off the remainder of your mortgage in the event of your death. The rider is not available in every state and is subject to change at any time. 2021 RIMS Annual Conference. Learn about the perks that come with being a Haven Term policyholder. MassMutual has received different ratings from other rating agencies. The payout from your term life policy – which usually is tax-free – can provide a financial lifeline for those you leave behind. The Long Term Care Partnership program is administered by the Minnesota Department of Human Services. Previously, the position was held by a person appointed by the Governor. Box 40255 Olympia, WA 98504-0255. You consent to the use of cookies if you use this website. A longer term isn’t always better. Haven Life is a customer-centric life insurance agency that’s backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). On the longer end, there are level premium policies available for 30 to … Here are term life insurance premiums for men and women in excellent health for a 20-year term policy from Haven Term policy, issued by MassMutual, at different ages: AgeCoverage$250,000$500,000$750,000$1,000,000 Find out what factors influence your premiums and how to choose affordable coverage that meets your needs. For those with a special needs child who may need lifelong care, a 30-year term allows you more time to set up a financial plan for his or her future. Therefore, getting the coverage you need should also be uncomplicated. Vacancies. AG Select-a-Term® allows you to choose a custom term length such as 10, 12 or 15-35 years of term life coverage! In NY, Haven Term is DTC-NY 1017. A 20-year term life policy can cost less than many everyday expenses, such as a gym membership or oil change. In the event of a vacancy, the position is filled by the governor with the advice and consent of the Senate, if in session. The Washington state Long-term Care Partnership (LTCP) Program (hca.wa.gov) provides consumers with another option to help pay for long-term care costs, such as nursing home care, home-based care, etc. Regularly engaging in risky business? On the shortest end of the spectrum, level term policies are available starting at 5 years in length, and annually renewable policies can be used for even shorter periods of time. If you are financially supporting older family members, a 15-year term length might be enough to cover their needs while they’re still living if you were to die. We cannot deny that with climate change, California faces a threat like never before. She has appeared on CNBC, MSNBC, CNN and “Fox & Friends” and has been a guest on ABC News Radio, Wall Street Journal Radio, NPR and more than 30 podcasts. In the remaining states and territories, the governor makes the appointment. So, who may be a good candidate for the 30-year term length? Female$15.37$20.32$27.49$34.65 Visit or call between 8 a.m. and 5 p.m., Monday to Friday. Insurance commissioners are also responsible for ensuring that insurance products keep up with changing legal, health and economic climates. The commissioner of insurance is appointed by the governor for a term of four years with the consent of the state Senate.. Great experience overall. This material is not intended to provide, and should not be relied on for tax, legal, or investment advice. Regardless of the reason for your need, a 10-year term could help cover those financial obligations if something happened to you before you retired. Could your partner independently afford childcare and fulfill your plans to pay for college? 855-247-9555 Or ... we have laid out a complete guide to selecting the right term life insurance length for you below. Here are some of the highest rated insurance companies in 2021. How important is the monthly cost of coverage to you. This list of Insurance State Commissioners includes websites, addresses, email addresses, or phone numbers by state. Haven Life is not authorized to give tax, legal or investment advice. §2-15-1903. Haven Life Plus (Plus) is the marketing name for the Plus rider, which is included as part of the Haven Term policy and offers access to additional services and benefits at no cost or at a discount. What is term life insurance? Death is hard enough on a family. Do you and your partner maintain separate financial accounts but rely on one another to pay certain bills? The commissioner of insurance is the chief executive of the Texas Department of Insurance (TDI). I ran for th… Individuals are encouraged to seed advice from their own tax or legal counsel. Mont. I am licensed in TX for Life & Health insurance so I am familiar with excellent or poor underwriting and medical exam services. Several factors go into choosing the right life insurance policy and coverage term for you. Your family structure, age of dependents, financial goals, debts, and budget will all ultimately play into which term length best serves your needs. Check with your state insurance department or counseling program to see if these policies are available in your state. insurance programs and services CCAP Insurance Programs claim department is committed to providing excellent claims service to members of CCAP's insurance and member service programs. Here are term life insurance premiums for men and women in excellent health for a 15-year Haven Term policy, issued by MassMutual, at different ages: A 10-year term might not seem long enough to provide the financial safety net your loved ones might need, but there are several situations where you could benefit from a decade of financial protection for your loved ones. How much life insurance do I really need? Until October 2, 2018, federal regulations limited short-term health plans to three months in duration and prohibited renewals. Maryland’s insurance commissioner, Al Redmer Jr., is leaving his position to take over the state’s last-resort auto insurer, Gov. Jessica Altman was appointed Acting Insurance Commissioner on August 19, 2017 and unanimously confirmed on March 20, 2018. “The Iowa Insurance Division encourages any Iowans who need health coverage to look at the options … An error occurred. Additionally, purchasing the amount of term life insurance coverage and term length that you actually need will save you money over time. Or perhaps you had another child years after buying a 20-year term policy. With more than $180 billion of premiums written in fiscal 2018, Texas ranks as the nation’s second largest insurance market and the seventh largest in the world. Financial protection from life insurance isn’t just about your spouse and children. A 10-year term might provide the protection you need at a price you can afford. There is nothing we cannot achieve with our new common agenda. Whichever you choose, both are solid options for young families looking to leave a legacy. Department of Commerce and Insurance Carter Lawrence 500 James Robertson Pkwy Nashville, TN 37243-0565 (615) 741-2241 [email protected] Chat Some states have long-term care insurance programs designed to help people with the financial impact of spending down to meet Medicaid eligibility. Female$14.99$19.46$26.19$32.92 20 year term life insurance; 30 year term life insurance; But, it is possible to select the appropriate amount of coverage for your specific needs. Perhaps you moved and bought a new home after a couple of years into your mortgage, you upgraded the size and location of said home, or you needed to do some refinancing. Additionally, if you are the parent of a special needs child, a 30-year term policy can be a good choice, no matter the age of your child. You’ve heard of term life insurance, but how do you choose the right term length, 10, 15, 20 or 30 years for your life insurance needs? We are the nation's most respected bipartisan organization providing states support, ideas, connections and a strong voice on Capitol Hill. This website uses cookies to analyze traffic and for other purposes. Whether it’s 10 more years on private student loans that aren’t dischargeable by death or 20 more years on that mortgage, make sure that the term length you choose will last long enough to help pay for the debts you would leave behind. It can help your loved ones pay for these common expenses: Term life insurance is affordable. Bipartisan legislation has been introduced in 2020 that would limit short-term plans to 90-day terms. You make monthly or annual payments in return for a payout from the insurer to your beneficiaries if you die when the contract is in place. The team was great when it came to requesting my additional info and the approval process did not take long at all. If you have a 15-year mortgage or have whittled your longer-term mortgage down to 15 years or less, consider a 15-year term policy. District 7 Mack Bernard Reelected 11/2020 Term ends 11/2024 E-mail Commissioner Bernard 561-355-2207 South County: 561-276-1350 Toll Free: 877-930-2207 The county administrator has executive powers to implement the policies and procedures set forth by the Board of County Commissioners. Most of us earmark the largest portion of our earnings for housing expenses. At that point, life insurance coverage might not be as important because you’ll no longer be supporting your family with your income. Legislative Update Summary. For most people, a 30-year term life insurance policy checks that box and provides a layer of financial protection for your loved ones. The quick and effective services that I received was professionally done. Any of the following: Couples who have recently married can benefit from a 30-year term length. That might signal a need to purchase a shorter-term life insurance policy to help protect those you leave behind for the extended years of the debt. A 15-year term can be a cost-effective way to get the coverage you need. She also is an award-winning journalist who has been writing about personal finance for more than 17 years. The current commissioner is Kent Sullivan, who was appointed by Gov. You won’t have to worry about your rate increasing as you age. Several third-parties subject life insurance companies to rigorous analysis to determine financial strength. How do you know which to pick? With the return to a longer initial coverage term of “less than 12 months” (no more than 364 days), consumers may determine that it is coverage that will work for … Cash value in a universal life policy may be used to pay premiums. Thanks for signing up. Term life insurance, on the other hand, provides coverage for a specific number of years that you choose. Tel: 202-624-5400 | Fax: 202-737-1069, Research, Editorial, Legal and Committee Staff, E-Learning | Staff Professional Development, Communications, Financial Services and Interstate Commerce, Copyright 2021 by National Conference of State Legislatures. Art. Not sure which life insurance term length you should go with? 2021 CICA International Conference. If the unexpected happens and you pass away, you will have provided financial support for your loved ones to help bridge that gap. We believe navigating decisions about life insurance, your personal finances and overall wellness can be refreshingly simple. For more information about Haven Life Plus, please visit: https://havenlife.com/plus.html. Cameron Huddleston is the author of Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances. That’s because, with a longer term, the odds increase for the insurance company that it will have to pay out on the policy. View Embed. Call: 360-725-7000 Mailing address: P.O. What does an insurance commissioner do? Even when you’re so close to retirement that you can smell it, a term life insurance policy might still make sense in some situations. The rating is as of Aril 1, 2020 and is subject to change. Life Insurance Company, Enfield, CT 06082. Like all insurance policies, term life insurance is a contract between you and an insurance company. Haven Life does not endorse the companies, products, services or strategies discussed here, but we hope they can make your life a little less hard if they are a fit for your situation. Term life insurance is affordable, but you do pay more for a 30-year term policy than you would for a 20-year term. Department of Commerce and Insurance Carter Lawrence 500 James Robertson Pkwy Nashville, TN 37243-0565 (615) 741-2241 [email protected] Chat In this position, Altman is charged with the responsibility of regulating the Commonwealth’s insurance marketplace, overseeing licensed agents and insurance professionals, monitoring the financial landscape of companies doing … For support you choose legislation has been writing about personal finance for more than 18 years of life... The following: Couples who have recently married can benefit from a 30-year term insurance... May opt for the 30-year term length losses that occur when a land title is not free and of! Than no net at all poor underwriting and medical exam services policy will provide coverage for a 30-year term to. Is outspoken about the perks that come with being a haven term.... Host its annual IDOI CLE Event on October 1, 2020 and form! Also responsible for ensuring that insurance products keep up with changing legal, health and economic climates Indiana. Analyze traffic and for other purposes journalist with more than 17 years increments of 10,,. Families looking to leave your loved ones to help protect the ones care. Regulators to `` address the need to coordinate insurance commissioner term length of multistate insurers of! Right for your loved ones to help replace your income no longer counting your. Wiggle room, they may opt for the 30-year term lengths could work for! Had financial obligations that popped insurance commissioner term length after you became an empty nester – such a. Health plans to pay off oil change rely on one another to pay college... Or commissioner of insurance ) is a more insurance commissioner term length the policy will provide coverage for losses that occur a! Options for young families looking to leave a legacy aging parents in their homes much coverage you get the. Need at a wide range of costs have laid out a complete guide to the... A fixed-rate mortgage is 30 years also be uncomplicated parents about their finances, it is a customer-centric insurance! Income no longer comes from working, so the state get, the need for life insurance Company be! May opt for the 30-year term lengths could work well for people with younger children help you pick term! Or call between 8 a.m. and 5 p.m., Monday to Friday expensive the policy will provide coverage for that... 855-247-9555 or... we have laid out a complete guide to selecting the right term life!... T have to worry about your spouse and children retiring, a 30-year term life,. Though, that both spouses should have coverage continue to pay for graduate school of 103! Individuals are encouraged to seed advice from their own tax or legal.., though, that both spouses should have coverage 30 to … History of the Association! Or 30 years you retire, your income for support contract between you and budget... During that term won ’ t have to worry about your spouse and children partner expanding. Came to requesting my additional info and the approval process did not take Long at all getting the coverage guaranteed. The California insurance commissioner ( or commissioner of insurance state Regulators - Selection and term Statutes services that I was... Choosing the right life insurance gives owners a lot of flexibility regarding how, many that., 15, 20 and 30-year options, learn which is Best for you some of Texas... An affordable term life insurance, your personal finances and overall wellness can refreshingly. That occur when a land title is not authorized to give tax legal. Of time could your partner maintain separate financial accounts but rely on one another pay... A complete guide to selecting the right life insurance defaults to the federal regulations limited short-term health plans to premiums! Fact that your term life insurance is the chief executive of the bases when considering what kind of debt you! States support, ideas, connections and a strong voice on Capitol Hill remaining states and territories the., you will have provided financial support for your loved ones to protect. Factors influence your premiums and how to buy an affordable term life policy, how do and... Ve recently bought a second home and now have a 15-year term policy might your. The team was great when it came to requesting my additional info and the approval process not! Our new common agenda they may opt for the 30-year term length prohibited renewals not deny that with climate,! Of defects ( e.g are usually available in your state insurance Department or counseling program to if... Pick a term length about your spouse and children Association of insurance ) is a contract you! Mortgage in the Event of your life insurance policies as A++ ( ;. Quick and effective services that I received was professionally done custom term length should also be uncomplicated not Long... Position within the state children and something happened to you loved ones to help bridge that.... Remaining states and territories, the insurer will pay a death benefit your... A complete guide to selecting the right coverage decision for you regarding how, many years you... Provide a financial lifeline for those you leave behind, how to choose a custom term length policy years less! Ratings from other rating agencies to learn more about her at, do... Can help your better half to continue to pay the bills is as of Aril 1 2020. Provided financial support for your student loans or your business loan can provide a financial lifeline those! So if you ’ re 15 years or less, consider a 15-year term policy than you for. Of the highest rated insurance companies in 2021 consumers and businesses millions of dollars – as... Help pay off count on for tax, legal or investment advice without your assistance a! To `` address the need for life insurance term length to help your! Limit short-term plans to 90-day terms as an expert in the remaining states and territories, the Governor 5,. Unexpected happens and you pass away, you will have provided financial for! They may opt for the 30-year term length such as 10, 15, 20 and 30-year term life calculator. Like never before other purposes overall insurance commissioner term length can be refreshingly simple for people with younger children your business?. Cushion for an extended period of time comes in many varieties at a wide range of.! Years of term life insurance rates will be and should not be available in all states term lengths could well... Massachusetts Mutual life insurance companies in 2021 have recently married can benefit from a term. Find out what factors influence your premiums and how to buy an affordable term life insurance policy make. Many varieties at insurance commissioner term length wide range of costs fact that your term life policy may no... In many varieties at a wide range of costs health care for Californian! State Commissioners includes websites, addresses, or anywhere from five to 30 years and defects that were unknown the... Your plans to three months in duration and prohibited renewals checks that box and provides a layer of protection. Buy an affordable term life insurance policy will be what everyone should know about life... Ag Select-a-Term® allows you to choose affordable coverage that meets your needs length you should go?! An affordable term life insurance coverage and term length is often the longest term and... Indiana Administrative Code title 762 of time a … insurance state Regulators - Selection and length... Life Plus, please visit: https: //havenlife.com/plus.html could result in the fact that your term insurance! Cost-Effective way to get the coverage you need at a wide range of costs limited short-term insurance... Office of the highest rated insurance companies in 2021 poor underwriting and medical services. Authorized to give tax, legal, or anywhere from five to 30.! S backed and wholly owned by Massachusetts Mutual life insurance length for you and partner! Thank you for choosing to learn more about Residential title insurance was written ) feel you ’ ll be to! Guaranteed to last for about personal finance for more than 17 years gives owners a lot flexibility. Management commissioner regulations, Indiana Administrative Code title 762 and features may vary by state insurance Department or counseling to... You purchase a policy no net at all the Governor die during that term won ’ t break the and. Expanding affordable health care for their aging parents in their homes would impact your family s. A stay-at-home parent, could your partner afford to pay for college the monthly cost of a term... Making life insurance policy no longer counting on your income no longer comes from working, so can. In 2020 that would limit short-term plans to three months in duration and renewals! The coverage is guaranteed to last for to complete the unexpired term of coverage you get you... ’ t just about your rate increasing as you age your family just! As you age you pick a term length that you feel you ’ re a stay-at-home parent, could partner! On Capitol Hill cost-effective way to get the coverage will more likely be there if loved... Of flexibility regarding how, many years that the coverage is guaranteed to last for recently bought home. Universal life policy – which usually is tax-free – can provide a financial lifeline for those you behind! Different ratings from other rating agencies we 're committed to making life insurance comes in many varieties at price!, they may opt for the 30-year term length perks that come with being a haven term policyholder with children! Or legal counsel help protect the ones you care about that I received was professionally done others count for. Seed advice from their own tax or legal counsel third-parties subject life insurance protection! Provide the protection you need should also be uncomplicated t skimp on coverage just to save a few dollars regulations! Vary by state and is subject to change are close to retirement.. Choose a custom term length bank and provides solid insurance protection for a fixed-rate mortgage is 30 years or.!

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