First have a look at: whole life insurance quotes on the web. Typical insurance policies insure an item, which will have a repair or replacement value, whereas life insurance policies insure a person’s life. The home can survive for a really long time without getting damaged. Everyone dies eventually.
An insurance company hopes that the policy they write for your automobile or home will never be claimed. Insurance companies know that at some point paying a death benefit is inevitable for those who keep up with their payments.
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Nice info