Life Insurance

Life insurance provides for payment of a specified amount on the insured's death, either to the estate or to a designated beneficiary (person); or in the case of an endowment policy, to the policy holder at a specified date. Life insurance agents or brokers require special licensing. Sometimes your general insurance advisor is also licensed for life insurance. If not, they might be able to recommend a few experts that you could consult when seeking this type of coverage.

If you are killed because of a an accident involving a car - even if you were walking across the street, then there are death benefits in your auto policy. This is under Section B - Accident Benefits.

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