With this type of insurance, you pay a regular monthly (or occasionally, annual) premium to a life insurance company. If you die during the term of the policy, a lump sum is paid out to your family – ...

If you have have people who rely on you financially, what would happen in the event you – and therefore your income – died ...

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In its most basic form, life insurance is a contract between the policyholder and an insurance company that provides a cash payout to a named beneficiary if the policyholder dies under covered ...