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Wednesday, March 11, 2009

Life Insurance - can you live without it?

In the midst of an economic slump in early 2009, many consumers aren’t likely to have “buy life insurance” at the top of their to-do lists. Yet life insurance is indispensable. Parents and business owners—indeed, anyone who has people dependent on them financially, either at home or at work—can benefit from the unique advantages of life insurance. What is life insurance? Life insurance is a financial contract in which a life insurance company agrees to pay an amount of money to a person upon the death of another person, in exchange for regular payments (known as premiums). To better understand what life insurance is and why it is so important, read this article. To begin a discussion of life insurance needs and solutions, contact Angelyn or Becky at Treutel Insurance, your Trusted Choice insurance agency.