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Why is life insurance important?

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The sad reality is that people pass away, and it can happen at anytime. Unfortunately, the financial consequences of someone’s death can be devastating.

For many families, they would find it impossible to continue to meet their obligations and mortgage/rent payments if that deceased person’s income is removed. Life insurance can therefore provide valuable financial help and assistance.

In the event that someone dies, and there is a qualifying claim and it is appropriately structured, it can provide great financial relief to the survivors.

 

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