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Understanding Life Insurance: A Comprehensive Guide Life insurance is a valuable financial tool that provides security and peace of mind for individuals and their families. It acts as a safety net, ensuring that loved ones are taken care of financially in the event of an unexpected death. The primary purpose of life insurance is to provide a death benefit to the beneficiary, which can help cover expenses such as mortgage payments, education costs, and daily living expenses. But understanding life insurance and its various components can be overwhelming for many.…
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