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Author Topic: Life insurance  (Read 481 times)
kalpana147
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« on: October 26, 2009, 01:59:32 AM »

Life insurance provides a monetary benefit to a decedent's family or other designated beneficiary, and may specifically provide for income to an insured person's family, burial, funeral and other final expenses. Life insurance policies often allow the option of having the proceeds paid to the beneficiary either in a lump sum cash payment or an annuity.



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