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It would be possible to write an insurance policy that way if you wanted to, however, normally a life insurance policy pays a fixed amount of money (known as the death benefit) to a chosen beneficiary. If the beneficiary then wished to use that money to pay for a home, that could be done.

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โˆ™ 2011-03-03 19:52:10
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Q: Is there a clause in a life insurance policy that pays for a home if the owner dies?
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