What is Life Insurance?
Life insurance, like any other type of insurance policy, is a contract between you and the insurance company where they will pay the chosen beneficiary a pre-decided amount upon your death. This is important if you have a family to look after, as a life insurance policy will ensure they have the necessary finances to go on with their lives when you are not there to provide for them anymore. The different types of policies There are several different types of life insurance policies to choose from. They vary in…
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