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#1

It offers infusion for money that helps mourners to deal with the adverse economic consequences of the death of the insured.
#2

A majority of policies are very flexible in regards to adjusting the needs of the policy holder. It is possible to decrease death benefits anytime, and one can opt to increase, skip, or reduce premiums quickly.
#3

A beneficiary may opt to change the life insurance policy with another annuity or life policy without having to worry about paying for current taxation.
#4

Beneficiaries enjoy favorable tax treatments unlike other financial instruments because the death benefits are income tax-free.

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