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When 2 or more people are insured under the same policy where the death benefit is paid out upon the last death, it is called joint last-to-die life insurance. It is mainly used for estate planning, charitable giving, and paying off taxes.
Brian So
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Who buys term life insurance?
Many different types of people buy term life insurance for temporary life insurance needs, such as, Individuals Couples Married Couples Young Families Homeowners Newlyweds Expecting Parents People with a Mortgage
How does life insurance differ from other insurance?
Getting a life insurance is a good thing to protect you and your loved ones.
What about any life ins or death benefits?
Life Insurance is the same thing as Death Insurance, If you are insured, and you die, your beneficiary receives the proceeds of the life policy.
Is car insurance cheaper for married couples?
usually
Is it wrong to have life insurance?
No, it is the correct thing to do and it takes character and love to buy insurance. It is not wrong to have life insurance. In fact, it is a loving way to provide financial protection for your family, even after you have died. It is advisable to have a life insurance especially if you have dependents and debts to cover. A life insurance policy could make a significant difference in the life of your family.
What is charity insurance and what is it used for?
There is unfortunately no such thing as charity insurance so no one can know what it is or what it can be used for. One can get life, home, fire, and flood insurance, but no one can get charity insurance.
Are veer and tapasya real life couples?
yes they are real life couples and are married now.
What's the best thing term life insurance provides?
Term life insurance provides the protection in knowing ones beneficiary will be looked after. Should death occur, term life insurance would pay benefits for a set amount of time.
When was the Pennsylvania Health Insurance founded?
There is no such thing as "The Pennsylvania Health Insurance" and therefore it does not have a founding date. A better question would have been "Where can one get life insurance in Pennsylvania?"
What is the best thing about HBA health insurance?
HBA health insurance is more affordable than most plans. It is great for either couples, singles, and families. It has great flexibility that is fitted to your needs. The best idea would be to compare HBA health insurance side by side to other popular health insurance coverage.
What your opinion about pregnancy?
I think pregnancy is a wonderful thing; it helps repopulate the earth and brings couples together through creating new life.
How much money will you get back from life insurance if your spouse died after 30 years of marriage?
This depends on the policy. The best thing to do is to call the life insurance agent to ask about the specific policy in question.
