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What Are the Different Types of Life Insurance?

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Life insurance is pretty simple at first glance. It’s a policy you purchase and continue to pay off until your death. Upon your death, your beneficiaries receive a payout. However, there’s more to life insurance than meets the eye. In fact, there are lifestyle factors that affect your fitness for certain policies and multiple types of it, other than what was just described. Each of these policies are vastly different from each other. In this article, we’ll be going over the different types of life insurance and how they work.

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