How would you describe the Midwest?
The Midwest is the northern central area of the mainland United States. Generally, the boundaries of the Midwest are Canada to the north, the Rocky Mountains to the west, the southern borders of Missouri and Kansas to the south, and the Allegheny Mountains to the east.
What is life insurance and how does it work?
Life insurance is a contract between you and an insurance company. Essentially, in exchange for your premium payments, the insurance company will pay a lump sum known as a death benefit to your beneficiaries after your death. Your beneficiaries can use the money for whatever purpose they choose.
Why we need life insurance?
Life Insurance is needed :
To have a savings plan for the future so that you have a constant source of income after retirement. To ensure that you have extra income when your earnings are reduced due to serious illness or accident. To provide for other financial contingencies and life style requirements.