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How Does Life Insurance Work?
3:36
YouTubeConcerning Reality
How Does Life Insurance Work?
Life insurance is essentially a contract between the insured and the insurance company that pays out if the policyholder, the insured, dies. The life insurance money generally goes to a family member or beneficiary. But, how can this even be profitable for the insurance company? Everyone dies, after all. Well, this all has to do with how the ...
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