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Essay

Life Insurance

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Stacy B

 

Date added:

August 15, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 446

 

Was viewed:

6619 times

 

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Essay content:

The money could assist with costs such as Mortgage repayments, Funeral costs, Education costs for the children, and Day-to-day living. One of the reasons that level term life insurance is a fair bit cheaper than other life insurance is because the insurer only has to make a payment if the insured party passes away, and even then the insured party has to die during the term of the policy for the next of kin (or the named beneficiary) to be eligible for a payout...
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One of the great things about levels term insurance is that you can benefit from cover for just a few pounds each week, and because the payments remain the same throughout the term of the policy, you’ll never have to worry about rising payments. The reason why a level term insurance policy is so called is because the repayment remain level throughout the term of the policy, so you will never have to worry about the cost of your policy rising...
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