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Why insurance is important in our life?

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Why insurance is important in our life?

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Correct answer is: Life insurance is important, as it protects your family and lets you leave them a non-taxable amount at the time of death. It is also used to cover your mortgage and your personal loans, such as your car loan. Your individual life insurance follows you when you retire and you are no longer insured by your employer.

The title of my answer is Life insurance, why buy it? | iA Financial Group

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