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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 (often the policyholder). Depending on the contract, other events such as terminal ...

3. Types of life insurance - AOL

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

   There are more types of permanent insurance than there are term policies. The main types of permanent life insurance are: Whole life insurance. Universal life insurance. Equity Indexed Universal ...

4. 5 Different Types of Life Insurance — and Which One Is Right ...

   www.aol.com/5-different-types-life-insurance...

   “The main benefit of a term life insurance policy is its affordability: premiums are lower to start than those paid for permanent insurance and, as such, it allows the owner to buy the most life ...

5. Annuities vs. life insurance: What’s the difference? - AOL

   www.aol.com/finance/annuities-vs-life-insurance...

   Two main types of life insurance exist: Term life insurance: Term life insurance offers coverage for a fixed period of time, perhaps for 5, 10 or even 30 years. If the policyholder passes after ...

6. Whole life insurance - Wikipedia

   en.wikipedia.org/wiki/Whole_life_insurance

   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]

7. How life insurance payouts work - AOL

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

   The average life insurance payout in the U.S. is about $168,000, according to Aflac. However, the payout of your life insurance policy will depend on the face amount (death benefit) you choose and ...