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  2. 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.

  3. Life Insurance: How to Choose The Best Option for You ... - AOL

    www.aol.com/life-insurance-choose-best-option...

    Life insurance is a necessity if you have immediate family or others that count on your income. However, choosing a policy that fits your financial goals and is affordable can be challenging.

  4. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  5. Life insurance death benefits - AOL

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

    Life insurance offers more than just peace of mind — it provides critical financial protection for your loved ones when they need it most. At the heart of every policy is the death benefit, the ...

  6. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]

  7. What are life insurance exclusions? - AOL

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

    Many people consider a robust life insurance policy the best way to provide financial support for their loved ones when they die or if they die too soon. In many cases, this is indeed the way life ...

  8. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]

  9. What happens if your life insurance beneficiary dies ... - AOL

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

    Contact your insurance provider: The first step is to reach out to your life insurance company. Most insurers have a beneficiary update form, either available online or through your insurance agent.

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