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Why Is It Important to Have Life Insurance?

Life insurance is a contract between an individual and an insurance company, where the individual pays a premium in exchange for a lump-sum payment to their beneficiaries upon their death. The purpose of life insurance is to provide financial protection and support for loved ones. Protect your loved ones with life insurance.<br>

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Why Is It Important to Have Life Insurance?

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  1. Why Is It Important To Have Life Insurance 1 PROVIDES FINANCIAL SECURITY Life insurance can provide your loved ones with financial protection in case of your unexpected death. 2 COVERS FUNERAL EXPENSES Life insurance can help cover the cost of a funeral or other end-of- life expenses. 3 PAYS OFF DEBTS Life insurance can help pay off any outstanding debts, such as a mortgage or car loan so that your loved ones are not burdened with them. 4 SUPPORTS DEPENDENTS Life insurance can provide support for your dependents, such as children or elderly parents, who rely on your income. 5 PEACE OF MIND Knowing that you have life insurance can give you and your loved ones peace of mind, especially during uncertain times. WWW.ERICFUNKAGENCY.COM

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