Is life insurance simply a death benefit?

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Expert Solution

Life insurance is not simply a death benefit. It can also aim at preventing legal consequences such as due to issues with debts and prevents deprivation of facilities and proper living conditions for their loved ones. It also provides flexibility as it can be chosen based upon the needs, goals and priorities of the owner which is bit seen in many of the other death benefit options available in the society or the workplace. It is useful in financial obligations and prevents future consequences .

Hayet Jeridi answered 1 year ago

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