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Life insurance
Advantages & Disadvantages Of Life Insurance
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[QUOTE="Mika, post: 10562, member: 165"] The major advantage of having life insurance is you get financial coverage for accidents, deadly diseases, and death. Another benefit of having life insurance is you get your insured amount along with the bonus. Let's say you bought a life insurance policy of $10,000 for a period of 15 years, let' 's say you met a terrible accident, your medical bills will be covered by your policy. Let's say for 15 years, everything went smoothly and you did not claim any benefits. By the end of 15 years, you will receive $10,00 along with insurance benefits. If you calculate the amount you paid as premiums, it will always be less than what you will be receiving. [/QUOTE]
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Advantages & Disadvantages Of Life Insurance
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