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What is the main purpose of life insurance?

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What is the main purpose of life insurance?

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Right answer is: Life Insurance Overview. The primary purpose of life insurance is to provide a financial benefit to dependants upon premature death of an insured person. The policy pays a specified amount called a “death benefit” to the named beneficiary, when the insured dies.

The title of my answer is Life Insurance Overview

My answer's reference is Florida Department of Financial

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