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Life insurance provides financial protection for your loved ones in the event of your passing. It ensures that beneficiaries receive a payout to cover expenses like funeral costs, outstanding debts, and everyday living expenses. Depending on the type of policy—term or permanent—life insurance can also serve as a long-term investment or savings tool. It’s a way to secure peace of mind, knowing your family will be supported financially when you’re no longer there to provide for them.
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What does Life Insurance cover?
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