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How To Choose The Right Life Insurance Policy

Insurance / Life Insurance

Aplus Legal Advice  |  2022.07.31 18:15  |  238 views

Life insurance what is it & how does it work? Life insurance is the simplest, most popular and cost effective way to financially protect any dependents in the event of your death. While it wont help those left behind to get over their loss, the benefit of a lump sum, in most cases tax-free, will guarantee your family aren’t deprived of funds during an already stressful time.



Term Life Insurance Economic Sense?

Insurance / Life Insurance

Aplus Legal Advice  |  2022.07.31 19:28  |  215 views

If you die, life insurance is designed to provide financially for those you have left behind and have listed as your beneficiaries. In buying life insurance you, the insured, enter into a legal contract with the insurance company, also known as the insurer. Basically, the contract states that if you make your monthly insurance payments in a timely manner, your family or other beneficiaries will receive a specific amount of money when you pass on.



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