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  2. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

  3. How to buy life insurance in 8 steps - AOL

    www.aol.com/finance/buy-life-insurance-8-steps...

    Term life insurance: Term life insurance is generally the cheapest kind of life insurance. It provides coverage over a specific term period, usually between 10 and 30 years.

  4. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]

  5. How to track unclaimed life insurance - AOL

    www.aol.com/finance/track-unclaimed-life...

    In addition to the MIB, you might also consider a service like Policy Inspector, which conducts a comprehensive life insurance policy search for $119. Policy Inspector digs deeper, helping locate ...

  6. Insurability - Wikipedia

    en.wikipedia.org/wiki/Insurability

    Risks that can be insured by private companies typically share seven common characteristics. [4]Large number of similar exposure units.Since insurance operates through pooling resources, the majority of insurance policies are provided for individual members of large classes, allowing insurers to benefit from the law of large numbers in which predicted losses are similar to the actual losses.

  7. How to Ensure Life Insurance Benefits Don't Go Unclaimed - AOL

    www.aol.com/finance/ensure-life-insurance...

    People buy life insurance to protect against financial loss when they die. But what happens if they don't let anyone know about their policy? Their family could miss out on much-needed money to ...

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