Monday, January 9, 2017

Life Insurance Explained in (Exactly) 250 Words

What life insurance is: a policy that pays out if you die. When you need it: if your death would cause financial hardship to someone, like a spouse. How it’s priced: based on life expectancy. Any factor reducing life expectancy, like heart disease, will likely mean a higher price. Comparing prices: Even if you have...


from NerdWallet
https://www.nerdwallet.com/blog/insurance/life-insurance-explained-250-words/

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