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Life insurance offers financial protection to your loved ones in the event of your untimely demise. When you purchase a life insurance policy, you have the option to receive your benefit either as a lump sum payment or in installments. While many people opt for the lump sum payment, there are advantages and disadvantages to…
→ Read MoreLife insurance policies provide financial protection for individuals and their loved ones in the event of death. However, what happens when the cause of death is suicide? This article aims to shed light on the various aspects involved in receiving a life insurance payout after a policyholder’s suicide. Understanding the nuances of life insurance policies,…
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