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Showing posts from May, 2018

5 Best Whole Life insurance Policies of 2018

Life insurance is an essential element of a comprehensive financial plan. In fact, it is the safest way to protect your family or dependents from unforeseen circumstances says Randon James Morris . People purchase life insurance to provide financial freedom to their dependents when they are no longer around to provide help. If you need life insurance, it is crucial to know how much and what kind you require. Let’s have a look what is life insurance, how much and what type to own. What is Life Insurance? A life insurance is a contract between an insurance company and a policyholder. The companies will pay an assured amount of money to the nominated beneficiary in an unfortunate event. In exchange, policyholders agree to pay a predefined amount of money on a regular basis. Here’s the different type of life insurance plans: 1 . Money back life insurance: This type offer periodical compensation of partial survival welfares during the tenure of the policy and