Life insurance is an important part of protecting your family and loved ones. It is a contract between the insurance company and the insured to pay out to a beneficiary a sum of money at the time of death in exchange for a premium. These funds can be used to pay off a mortgage, or pay for a child’s care or college expenses. It is a tax free lump sum benefit that can keep your family safe from financial distress an income earner in the home passes away.

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