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Life insurance provides a monetary benefit to a decedent's family or other designated beneficiary,  [https://apk.tw/space-uid-4570150.html apk.tw] and may specifically present for earnings to an insured person's household, burial, funeral and different ultimate bills. Life insurance insurance policies usually enable the option of getting the proceeds paid to the beneficiary either in a lump sum cash payment or an annuity. In most states, an individual cannot buy a policy on another particular person with out their knowledge.<br>In some geographical areas, the coverage may exclude certain kinds of dangers, corresponding to flood or earthquake, that require further coverage. Maintenance-related points are typically the home-owner's accountability. The policy could embody stock,  [http://sonyashnyk7.com.ua/user/KathaleenMcKibbe/ sonyashnyk7.com.ua] or this can be purchased as a separate coverage, particularly for individuals who rent housing. 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