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Life coverage (or generally closing cost insurance policy or existence certainty, particularly in the Commonwealth) is really a commitment between an covered by insurance (insurance coverage owner) as well as an insurance firm or assurer, where insurance company promises to pay a selected named beneficiary a amount of cash (the "rewards") in exchange for reasonably limited, with the death from the covered with insurance individual. According to the agreement, other situations including terminal illness or crucial disease could also bring about transaction. The insurance policy owner generally pays reasonably limited, possibly routinely or as you lump sum. Other expenditures (like burial expenditures) may also be in the positive aspects. best final expense leads