What’s The Purpose Of Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The purpose of life insurance is providing economic protection again losses resulting from chance happenings like illness, accident or death. It provides peace of mind by providing a practical solution to economic uncertainties and losses. Life Insurance specifically replaces the uncertainties of risk with guarantees, and promises to replace the unknown with a sense of security.
    Answered on July 12, 2013
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