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Life Insurance Explained in (Exactly) 250 Words

Short and sweet: here’s a quick and dirty guide to life insurance. If your family is still not insured, this summary can help you understand what life insurance can provide for your family. There are many different types of life insurance and some may be better suited for your budget and family needs than others.

There are many misconceptions out there about life insurance. Get started on better understanding how life insurance can help your family on NerdWallet:

What life insurance is: a policy that pays out if you die. When you need it: if your death would cause financial hardship to someone, like a spouse. How it’s priced: based on life expectancy. Any factor reducing life expectancy, like heart disease, will likely mean a higher price. Comparing prices: Even if you have…

Read the source article at Compare Best Credit Card Offers

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