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Why buy life insurance? PDF Print E-mail

Some reasons to buy life insurance are:

  • Income Replacement
  • Funeral Expenses
  • Pay Off Debts
  • Pay Off Medical Bills
  • Mortgage life insurance
  • Ready to get a Life Insurance Quote?

What does it mean to be the owner of a life insurance policy? Who is the owner of my policy?


Usually, the insured is also the owner unless the policy has been specifically set-up to have a different owner. The owner is the person who has the authority to change the beneficiary and make other policy changes.

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