Why do people buy a life insurance policy?
There are many common reasons for the purchase of life insurance coverage.
One of the most popular reasons to buy life insurance is to replace the income of the main breadwinner of a family.
Many people buy life insurance to make sure their loved ones have financial security for their future, should the insured person die unexpectedly.
In addition, people buy life insurance to provide funds for their family members so they can pay their monthly bills, provide for a college education, pay off debt, pay off the mortgage on a home, or maintain their lifestyle.
There are many common reasons for the purchase of life insurance coverage.
One of the most popular reasons to buy life insurance is to replace the income of the main breadwinner of a family.
Many people buy life insurance to make sure their loved ones have financial security for their future, should the insured person die unexpectedly.
In addition, people buy life insurance to provide funds for their family members so they can pay their monthly bills, provide for a college education, pay off debt, pay off the mortgage on a home, or maintain their lifestyle.
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