LIFEINSURANCE
OVERVIEW
Life insurance is a contract between you and an insurance company that pays a death benefit to your beneficiaries when you die The death benefit can be used for various expenses, such as bills, mortgage, college, or burial costs Life insurance can also provide peace of mind and financial security for your loved ones after you are gone.There are different types of life insurance, such as term life insurance, which provides protection for a specific period, and permanent life insurance, which provides lifetime coverage Each type has its own advantages and disadvantages, depending on your needs and preferences.