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  2. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...

  3. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...

  4. Melinda Ballard - Wikipedia

    en.wikipedia.org/wiki/Melinda_Ballard

    Melinda Ballard (1958–2013) [ 1] was an American businesswoman and activist for insurance policyholders. In 1999, she sued her insurer over mold damage in her 22-room family home in Dripping Springs, Texas. Her three-year-old son, Reese Allison, developed an unexplained respiratory condition in March 1999. Her husband, Ron Allison (1970-2021 ...

  5. Ask the Dolans: Should I buy burial insurance?

    www.aol.com/news/2008-02-29-ask-the-dolans...

    When I do, my company will cancel my life insurance policy. Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday. Dear Ken and Daria, I'm about ...

  6. Best life insurance for former drug users - AOL

    www.aol.com/finance/best-life-insurance-former...

    Burial insuranceis a type of permanent life insurance policy with lower death benefit limits and is intended only to cover funeral expenses. It typically has a low premium, but the average benefit ...

  7. How life insurance payouts work - AOL

    www.aol.com/finance/life-insurance-payouts...

    The average life insurance payout in the U.S. is about $168,000, according to Aflac. However, the payout of your life insurance policy will depend on the face amount (death benefit) you choose and ...

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