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	<title>New answer on: How Does Life Insurance Work In The USA?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-life-insurance-work-in-the-usa</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Tue, 27 May 2014 15:39:31 +0000</pubDate>

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		<description><![CDATA[Life Insurance companies are formed under state laws.  Each law regulates the activities of the insurance companies that are “admitted” to that state.  The company offers to provide a guaranteed amount to a customer whose death falls within a certain period of time.  This period of time can be a lifetime.  Companies market their product in various ways; however, the product is sufficiently complex that most people seek the advice and assistance of a state licensed insurance agent. 
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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-life-insurance-work-in-the-usa</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sun, 30 Jun 2013 14:15:38 +0000</pubDate>

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		<description><![CDATA[In the USA, life insurance is taken out on someone because their loss would cause a financial hardship for someone else. The insured person selects a beneficiary to whom the policy payments would go upon his or her death. Some policies also have a savings feature so that they build up cash value which can be used while the insured person is still alive.]]></description>

		

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-life-insurance-work-in-the-usa</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sat, 29 Jun 2013 19:01:51 +0000</pubDate>

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		<description><![CDATA[Life insurance in America is a partnership between the government and the insurance companies, in that tax favored treatment of death benefit proceeds and policy loans of accumulated cash values can potentially be tax free if the policy is kept in force for the life of the insured.&#160;

These provisions were granted as recognition of the value and impact that life insurance brings to the American Society. 
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