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  2. Burial insurance: How it works and how much it costs - AOL

    www.aol.com/finance/burial-insurance-works-much...

    This is a small permanent life insurance policy that pays out a death benefit — usually anywhere between $5,000 and $25,000 — intended to cover these costs. ... also called pre-paid or funeral ...

  3. Final expense insurance - AOL

    www.aol.com/finance/final-expense-insurance...

    Final expense insurance is a straightforward option designed to help cover end-of-life costs, such as funeral expenses, medical bills and outstanding debts.

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

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

    The death benefit pays for funeral costs, daily expenses, mortgage bills, and college tuition. ... Life insurance is designed to pay out a death benefit to your beneficiaries if you pass away. If ...

  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. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance, ... It is the dominant choice for insuring so-called "permanent" insurance needs, including: Funeral expenses, ... The insurance company pays ...

  7. 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.

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