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What is a beneficiary in life insurance?Post

What is a beneficiary in life insurance?

Investopedia tells us that A beneficiary is any person who gains an advantage and/or profits from something. But, especially for purposes of life insurance, a...

Investopedia tells us that A beneficiary is any person who g...

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Who can cancel a life insurance policy?

The insured or person who is being covered must cancel their own individual life insurance policy. You can also cancel the life insurance policy of...

The insured or person who is being covered must cancel their...

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Can I sell my life insurance policy?

In many circumstances you can sell a life insurance policy. If you’ve purchased a term life insurance policy that you no longer need or want,...

In many circumstances you can sell a life insurance policy. ...

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Where can I get cash for a life insurance policy?

With the tough financial outlook facing many, people are looking for ways to liquidate assets to provide for immediate needs. After all, if you have...

With the tough financial outlook facing many, people are loo...

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Do companies purchase life insurance policies?

Individuals are not the only ones who purchase life insurance policies. Often, businesses will purchase policies for various reasons. In each case, the company makes...

Individuals are not the only ones who purchase life insuranc...

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What is a no load life insurance policy?

Many people see the value of purchasing life insurance to protect their families. However, the high cost of some premiums leads many to believe that...

Many people see the value of purchasing life insurance to pr...

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What does a life insurance policy not cover?

When someone purchases a life insurance policy, it is expected that the policy will pay a benefit in the event of the death of the...

When someone purchases a life insurance policy, it is expect...

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Will a divorce void rights to a life insurance policy?

When you are facing a divorce, financial questions are paramount. Alimony, child support, and division of property are all very important issues facing you and...

When you are facing a divorce, financial questions are param...

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How much life insurance do you need?

Life insurance may seem like a tricky product to many people, and some insurance salesmen have gotten a bad rap in the past, partly due...

Life insurance may seem like a tricky product to many people...

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