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What exactly is a life insurance company?

Anonymous

∙ 14y ago

Updated: 9/20/2023

A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.

Wiki User

∙ 14y ago

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