With decreasing term life insurance, the face amount of the policy remains constant, but the premiums decrease.

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What Is the Difference Between Life and Health Insurance? 
Health insurance pays for your medical treatment, drugs, and preventative check-ups for you and others covered under your plan.

Life insurance provides a cash sum to your loved ones if you die during the length of the Life insurance policy.


With decreasing term life insurance, the face amount of the policy remains constant, but the premiums decrease.