Learn The Basics : Life Insurance

Life Insurance

The need for life insurance is a basic concept. If someone would suffer financially because of your death, you probably need life insurance.
 
There are several types of life insurance and many different ways to purchase it, but the bottom line is straightforward: When the insured dies, a cash benefit will be paid to the beneficiary of the policy. More importantly, this cash benefit is generally income tax-free.
 
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