An Insurance Company & Car Accident Lawyers Details

    Question number one what is life 

insurance a life insurance in a nutshell is basically when you pass away           someone or some entity receives some funds there's typically two types of life insurance term and whole life it's all really simple so let's quickly review them now the first one term life insurance the simplest form of life insurance in my opinion is very similar to car insurance. for example you pay monthly for X amount of years on average 20 to 30 years for an X sum of money in case something happens to you that will be paid out to a benefactor of your choice typically to your loved ones.

 nothing else that's it if you don't die you don't get paid out if you do die it.

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was a good investment for your 

beneficiaries just like car insurance you either get in a car crash and you need it or you don't get in a car crash and you don't need it some of the obvious pros are family income replacement in case you pass away and typically that amount should be in the ball range of 10 times of what you earn annually so if you make fifty thousand a year that term coverage should be around five hundred thousand dollars there's.