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Answers to the most popular questions about life insurance

Since it is very important in this situation to take care of yourself and the well-being of your loved ones, interest in life insurance has grown significantly. Springfield Business Journal has decided to answer the most common questions about life insurance to raise awareness.
Answers to the most popular questions about life insurance

Can I renegotiate my life insurance contract?

Once a year, a client of an insurance company can review his insurance policy, as a lot can change in people's lives in 12 months, so insurers readily revise the clauses of the contract.

My employer insures me. Do I need to buy a voluntary life insurance policy?

As a rule, employers buy policies with minimal coverage. Besides, insurance can tie you to low-paying or uninteresting job.

What is Disability Income Insurance? How does this insurance work?

Disability income insurance is an important form of coverage that provides payments if you are unable to work. Such a policy is intended to replace part of the income, which can be important not only for paying bills, but also for maintaining life.

How might my insurance requirements change in the future?

When you are over 40s or 50s, it might be worth considering the long term insurance that can provide old age care.

Source: https://sbj.net/stories/opinion-6-common-insurance-questions-answered,70103

Photos are from open sources.

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