Life insurance explained

Life insurance provides the security of a payout for your family and dependents if you die. A ballpark figure for cover is usually around seven times your annual income. To buy life insurance, you pay a premium of an agreed amount to an insurance company on a regular basis. The amount depends on your health, age, gender and occupation. Go to this site for a description of the main different types of life insurance available and how to reduce the cost of premiums.
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