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People purchase life insurance for any number of different reasons. These may include the payoff of large debt – including a home mortgage – as well as the ongoing payment of living expenses if a primary income earner should happen to pass away suddenly.
While there are a lot of people that need life insurance coverage, there are millions of people that don’t have life insurance coverage. Not having insurance protection is one of the worst mistakes that you could ever make for your loved ones.
But regardless of how young or old you are, as well as the amount of debt or other financial obligations that you may have, there is one thing that most of us will face when a loved one passes away – and that is final expenses. Continue Reading