How Does Life Insurance Work?


Life insurance is one way you can provide financial support for loved ones after you die. When you open a policy, you will pay a regular premium – often monthly or annually – in exchange for coverage. As long as your policy is active when you die, the insurance company will pay out a lump … Read more

Life Insurance: What Is Life Insurance, How To Buy a Life Insurance

Life Insurance

What Is Life Insurance? Life insurance is a contract between a life insurance company and a policy owner. A life insurance policy guarantees the insurer pays a sum of money to one or more named beneficiaries when the insured person dies in exchange for premiums paid by the policyholder during their lifetime. What Is Life … Read more