Purpose Of Life Insurance at Life

Purpose Of Life Insurance. Generally if a person dies while still having debt or not having enough money to care for their heirs, that person has died too soon. Life insurance dates pretty far back, with the first known policy in america being issued way back in the 1760’s!

Life insurance dates pretty far back, with the first known policy in america being issued way back in the 1760’s! Dual purpose insurance is a type of insurance that is quite popular and has several important benefits in providing protection to policyholders. The first is called term life insurance.

How to Find Lost Life Insurance Policies HuffPost

Dual purpose insurance is a type of insurance that is quite popular and has several important benefits in providing protection to policyholders. What is the purpose of life insurance? The policy pays a specified amount called a “death benefit” to the named beneficiary, when the insured dies. The first is called term life insurance.