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What protects your family against financial loss due to your death?

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What protects your family against financial loss due to your death?

I need to ask this question from why does insurance often provide peace of mind subject matter

The question was posed to me in unit test.

Other related questions to my question are:

What insurance is financial protection for the family in case the main source of income dies?

How life insurance can protect your family?

Which type of insurance policy would someone get to protect others only?

What can life insurance protect you from?

1 Answer

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Right answer is: Life insurance can help provide peace of mind that your family will have some financial protection upon your passing. The death benefit can provide assistance with things like mortgage payments, care of disabled loved ones and basic needs like food and childcare.

The title of my answer is Life Insurance to Protect Your Family

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