Understanding
Life Insurance
Life insurance is a conturance company. The individual
pays regular premiums, and in return, the insurer guarantees a death benefit to the policy’s beneficiaries upon thepolicyholder’s death. This deus financial
purposes, such as covering funeral expenses, paying off outstanding debts, and providing ongoing financial support to the policyholder’s dependents.Life insurance policies primarily fall into two broad categories: term life insurance and permanent life insurance.Term Life Insurance
Term life insurance offers coverage fduals
and families on a budget.Life Insurance
Whole life insurance, a typ term life insurance, it offers lifelong protection and an investment component.
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- Future Goals:
Consider your long-term financial goals, such as leaving an inheritance or supporting a charitable cause.
The Application Process
The application process for life insuranc
- Future Goals:
