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It's a death benefit & a corpse cannot be wealthy.

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15y ago

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What is Life insurance definition?

Life Life insurance is a nonprofit organization dedicated to helping people gain financial responsibility and educating people on life insurance. You can get more information at the Life Happens Organization website. Once on the page, click on "About Us" in the top navigation to bring up the information.


What is excessive insurance?

Generally, that refers to having more insurance that you need. If you have total debt of $50,000, but you have $500,000 worth of life insurance, you have excessive insurance. Yes, it is true that the beneficiary gets to keep the money, but generally, life insurance was intended as a way to pay off your debts after death, not a way to make your heirs rich.


Do you need a will for life insurance?

You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)


What products does AAA Life Insurance Company offer?

AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.


What kind of cases do life insurance lawyers in Wichita, KS handle?

The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance


What are the different kinds of life insurance available?

The main types of life insurance are term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a specific period, while whole life insurance offers coverage for your entire life. Universal life insurance combines a savings component with a death benefit.


What insurance company do the rich use?

It is personal choice. All the rich people don't use one single insurance company.


What kind of insurance does Banner Life Insurance offer?

Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.


What insurance is known as ordinary of straight life insurance?

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Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


What is non-life insurance?

Its all insurance that is not life insurance such as health insurance, auto insurance, home insurance, and so on.


Do actors have life insurance?

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