FAQs

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Insurance (2)

a

How does life insurance work?

Category: Insurance

By purchasing a life insurance policy and paying premiums you ensure that when you die, your beneficiary (or beneficiaries) will receive a lump sum, also known as a death benefit.

Tags: Beneficiary, Life Insurance
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a

What is a beneficiary?

Category: Insurance

A beneficiary is the person (or persons) who will receive the proceeds of your life insurance policy when you die.

Tag: Beneficiary
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