What You Need To Know About Life Insurance
Life insurance is a vital form of financial protection that should be considered by everyone, regardless of age or income level. Life insurance is a policy that pays a set amount of money—the “death benefit"—to the beneficiaries of the life insurance policy upon the death of the insured person. The beneficiaries can then use the funds to cover expenses like funeral costs, medical bills, or other debts.
Life insurance is a vital form of financial protection that should be considered by everyone, regardless of age or income level. Life insurance is a policy that pays a set amount of money—the “death benefit"—to the beneficiaries of the life insurance policy upon the death of the insured person. The beneficiaries can then use the funds to cover expenses like funeral costs, medical bills, or other debts.
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