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Life (Insurance) Is for the Living, Too

Did you know that many people rely on life insurance while they’re living in addition to the death benefit proceeds? About 91% of life insurance owners say they bought it to “cover burial and other final expenses,” according to the 2018 LIMRA Insurance Barometer. Yet, nearly half admit that they hope to turn to their policy’s cash value for retirement income or to pay current home expenses. (more…)

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