1. J Scott BurkePRO
    President, Newbury Inc., Evansville, Indiana
    Life insurance is insurance that pays a lump sum of money to the person you select (called a beneficiary) when you die. It can be purchased to cover you for a limited period of time (term life insurance) or for the rest of your life (whole life insurance.) it's a beautiful thing.
    Answered on April 14, 2013

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