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What is Life Insurance? | G-Money Matters

GFS Financial Services, LLC
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Published on 16 Jan 2021 / In Film and Animation

What is life insurance and why do I need it? Life insurance is an agreement between you (the insured) and an insurer. Under the terms of a life insurance policy, the insurer promises to pay a certain sum to a person you choose (your beneficiary) upon your death, in exchange for your premium payments.
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