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Life insurance is financial protection for survivors or others with an insurable interest in the continued life of the person insured. "Insurable interest" essentially means that the beneficiary has a "stake" (which can be founded on finances, "love and affection", or some other bases) in the continued life of the insured. When the insured dies for reasons that are not excluded by the policy, the beneficiary(ies) receive the life insurance proceeds.
What else can I help you with?
The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease?
The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease is agriculture.
Is insurance a scheme or a legitimate way to protect against financial risks?
Insurance is a legitimate way to protect against financial risks by pooling resources to provide coverage for unexpected events, rather than a scheme.
Can you borrow against veteran life insurance?
No. To the best of my knowledge, veteran's life insurance has no cash value.
What type of insurance coverage does your roofing company offer to protect against potential damages or accidents?
Our roofing company offers comprehensive liability insurance coverage to protect against potential damages or accidents that may occur during the roofing process.
What type of insurance can be borrowed against term or whole life?
Whole Life
What is a Child Insurance Plan?
Child life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child's funeral or burial and to secure inexpensive and guaranteed insurance for the lifetime of the child.
How does life insurance differ from other insurance?
Getting a life insurance is a good thing to protect you and your loved ones.
What is the difference between life insurance and annuities?
Life insurance protects one's beneficiaries against financial loss as a result of the purchaser's dying too soon, while annuities protect purchasers against financial loss as a result of living longer than their funds do.
The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease?
The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease is agriculture.
What type of insurance coverage is recommended for vending machines to protect against potential risks and liabilities?
For vending machines, it is recommended to have commercial general liability insurance to protect against potential risks and liabilities.
Is insurance a scheme or a legitimate way to protect against financial risks?
Insurance is a legitimate way to protect against financial risks by pooling resources to provide coverage for unexpected events, rather than a scheme.
What is the AARP Life Insurance Program?
The AARP Life Insurance Program is to help members protect their families. It offers affordable premiums for term life and whole life insurance plans.
Is the purpose of life insurance to protect your car in case of an accident?
No. Life insurance protects your life. Car insurance protects your car. If
Does renters insurance protect contents against flood damage?
Flood is excluded
Does a homeowners insurance policy protect against vandalism?
it might. read it and find out.
Can you borrow against veteran life insurance?
No. To the best of my knowledge, veteran's life insurance has no cash value.
What is the use of choosing life insurance?
The use of choosing life insurance is to protect youself and your kids from unwanted misfortune. Life Insurance will pay off funeral fees and other things for you.
