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

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

    Life insurance pays money to your beneficiaries should you die while the policy is in force. ... The death benefit pays for funeral costs, daily expenses, mortgage bills, and college tuition ...

  3. 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.

  4. 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. ... full death benefit. Additionally ...

  5. How life insurance payouts work - AOL

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

    Here’s a breakdown to help you understand how life insurance pays out: ... might use $150,000 for medical and care expenses, reducing the death benefit to approximately $350,000. ...

  6. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Amicable Society for a Perpetual Assurance Office, established in 1706, was the first life insurance company in the world.. An early form of life insurance dates to Ancient Rome; "burial clubs" [3] covered the cost of members' funeral expenses and assisted survivors financially.

  7. Is life insurance worth it? - AOL

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

    The payout from a life insurance policy can provide the funds to pay for funeral costs, flowers, grief counseling and other services. ... While many people can benefit from life insurance, it isn ...

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