What Does Life Insurance Cover?
Life insurance is a way of helping family and loved ones cope with living without your income. A life insurance benefit can pay the mortgage, clear debts, pay for expenses or help pay the rent. It can also pay for final expenses, like burials and/or cremation. Do you want to ensure that your children, or grandchildren, have their college tuition squared away? If the people in your life would struggle financially in your absence, it’s important for you to consider life insurance. You can begin your search if you compare life insurance rates here.
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Beneficiary or beneficiaries of life insurance plans are the recipients of death benefit after the insured individual pass away. Learn more about who can be on your beneficiary.
Life insurance premiums are the amount you pay each month, bi-annually, annually or once every few years to keep your policy in force. Learn different types of premiums.
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