What is life insurance?


Life Insurance

Life insurance is a topic that many people would like to avoid, yet it could be one of the most important forms of insurance to have. Planning for life insurance is not always easy. You have to keep an eye out for scams, understand which insurance policies are right for you, and choose an insurance provider, among other things. This guide will help you cut through some of these obstacles, by using the Web to teach you about life insurance basics.

What is life insurance?

Life insurance is a way for you to provide for your loved ones in the event of your death. There are many different life insurance options, and many ways for you to designate how, when, and to whom, your life insurance benefits will be paid. This section will give you a better understanding of what life insurance is and how it works.

Dulcinea's Insight

  • When looking for definitions or explanations you can always try online dictionaries or encyclopedias. We recommend that you use reference tools specific to your topic as they'll often provide more than basic definitions and may be able to explain terms that more generic resources leave out. Try Investopedia for insurance-related terms such as "life insurance".

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