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The post How Does Life Insurance Work? by Benzinga Contributors appeared first on Benzinga. Visit Benzinga to get more great content like this.
What Life Insurance Actually Covers Life insurance functions as a contract in which the policyholder pays premiums to an insurer in exchange for a promise:
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The post How Does Life Insurance Work? by Benzinga Contributors appeared first on Benzinga. Visit Benzinga to get more great content like this.
What Life Insurance Actually Covers Life insurance functions as a contract in which the policyholder pays premiums to an insurer in exchange for a promise: once the insured person dies (and the policy is valid), the insurer pays a death benefit to designated beneficiaries. The death benefit is delivered as a lump sum, an income … Continued
The post How Does Life Insurance Work? by Benzinga Contributors appeared first on Benzinga. Visit Benzinga to get more great content like this.