Life insurance works by allowing your beneficiaries to claim a financial payout (often equal to your coverage amount) after your death. If you pass away while the policy is active, your beneficiaries can file a claim for their portion of the payout, also called a death benefit.
Is life insurance paid monthly?
Typically, life insurance buyers choose between two forms of payment: monthly payments or annual payments. There are pros and cons of each.
15 сен 2024
