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  2. How much life insurance do I need? - AOL

    www.aol.com/finance/much-life-insurance...

    1. The DIME Formula (and 10 Rule) The old “how much life insurance do I need” rule of thumb was to take your income and multiply it by 10. This was the industry’s standard for many years ...

  3. How to buy life insurance in 8 steps - AOL

    www.aol.com/finance/buy-life-insurance-8-steps...

    If you are in the market for life insurance, here are the steps you may find helpful in purchasing a policy that is right for you. 1. Decide how much coverage you need. Before you start requesting ...

  4. Who needs life insurance? - AOL

    www.aol.com/finance/needs-life-insurance...

    There are several ways to calculate how much life insurance you need, based on the reason you’re buying it, including Bankrate’s life insurance calculator. You may want to tally the costs you ...

  5. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance. Whole life insurance, or whole of life assurance (in the Commonwealth of Nations ), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]

  6. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...

  7. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance. Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

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