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2. Life Insurance: How to Choose The Best Option for You ... - AOL

   www.aol.com/life-insurance-choose-best-option...

   Lump sum: The entire death benefit can be paid directly to the beneficiaries' accounts in a single lump sum. Annuity: The death benefit can be put in an annuity with a lifetime payout or on a ...

3. 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.

4. Annuities vs. life insurance: What’s the difference? - AOL

   www.aol.com/finance/annuities-vs-life-insurance...

   Term life insurance: Term life insurance offers coverage for a fixed period of time, perhaps for 5, 10 or even 30 years. If the policyholder passes after the term of the insurance, then the ...

5. How Much Will a $1M Life Insurance Policy Cost You?

   www.aol.com/finance/much-1m-life-insurance...

   Some life insurance policies allow investors to purchase additional benefits and features. Each of these options increases the amount that you’ll pay. Life insurance company. Premiums vary from ...

6. Endowment policy - Wikipedia

   en.wikipedia.org/wiki/Endowment_policy

   An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [1] [2] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.

7. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.