Ask Questions Before Replacing a Life Insurance Policy

Ask Questions Before Replacing a Life Insurance Policy

Life insurance is complex financial tool, which is unique in the way it provides financial stability and security for an insured’s beneficiaries. With this being said, every decision about one’s life insurance policy should be carefully looked over. Replacing one’s life insurance policy for another policy is one of the biggest decisions you can make. It could either be a very good or very bad decision, which is why you should ask yourself the following questions.

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Life Insurance 101 With Tony Steuer

Life Insurance 101 With Tony Steuer

Life insurance is a type of insurance that pays money when someone passes away. It is one of the oldest types of insurance/financial products in existence and dates back to the 17th century. The primary function of life insurance is to assist the beneficiary when there is an economic loss, due to the death of the insured, which extends beyond just funeral or final expenses. When purchasing this type of insurance, it’s important to keep in mind that life insurance is not for you; it is for your survivors.

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