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There are multiple varieties of Life insurance.

The more common types of Life insurance are Term Life, Whole Life, Universal Life, and Long term care insurance.

A life insurance policy is a contract with an insurance company in exchange for premiums, or payments.

The insurance company provides a lump sum payment, also known as a death benefit, to the beneficiaries in the event of the policy holders death. Life insurance is usually chosen based on the needs of the policy holder.

Term Life insurance provides protection for a set period of time, while permanent insurance such as Universal Life, and Whole Life, provides lifetime coverage.

Policy holders should know that death benefits from these type of Life insurance are generally tax free. Check with an agent for more details.

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Life Insurance Articles 

1. Term Life insurance quotes 

2. Universal life insurance

3. Whole life insurance 

4. Long Term Care insurance 

 


 

 




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