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Understanding Life Insurance: A Comprehensive Guide Life insurance is a crucial aspect of financial planning that provides security for your loved ones in the event of your untimely passing. It can serve as a financial safety net, ensuring that your family can maintain their standard of living and meet essential expenses like mortgage payments, education costs, and everyday living expenses. In this article, we will explore the different types of life insurance, their benefits, and essential considerations when choosing a policy. There are primarily two types of life insurance: term…
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