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Cash money value is a living benefit that stays with the insurance provider when the insured dies. Any type of outstanding car loans versus the money value will lower the policy's fatality benefit. Flexible premiums. The policy proprietor and the guaranteed are typically the same individual, yet occasionally they might be different. A service could get key person insurance on a vital employee such as a CEO, or a guaranteed may market their very own plan to a 3rd party for money in a life settlement - Final expense.
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