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2. How life insurance payouts work - AOL

   www.aol.com/finance/life-insurance-payouts...

   Types of life insurance payouts. Life insurance payouts can be received in various ways, offering flexibility to beneficiaries based on their financial needs and preferences. Here are the main ...

3. Choosing a life insurance beneficiary - AOL

   www.aol.com/finance/choosing-life-insurance...

   A life insurance beneficiary is the person who receives the life insurance payout from your policy when you die. The beneficiary or beneficiaries can typically use this money in any way they see fit.

4. What are contingent beneficiaries? - AOL

   www.aol.com/finance/contingent-beneficiaries...

   For example, if you have a $100,000 term life insurance policy and pass away during the term, the primary beneficiary will receive the payout. This is typically a spouse, adult child or another ...

5. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

6. Life Insurance Beneficiary vs. Will: Do I Need Both? - AOL

   www.aol.com/life-insurance-beneficiary-vs-both...

   However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough. Your life insurance beneficiary designation usually supersedes your will. So …

7. Life annuity - Wikipedia

   en.wikipedia.org/wiki/Life_annuity

   A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive.The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case law indicates that annuity products are not necessarily insurance products.