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Of Death Benefit is Taxed
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Life insurance can help protect your loved ones in the event of your passing. There are two main types of life insurance: term and permanent. Term is for a specific period of time; permanent life insurance provides a death benefit that can last a lifetime, so no matter when you pass, your loved ones will receive a payment. And some permanent policies offer the opportunity to build cash value , which you’re able to use however you’d like.

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Life Insurance

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