Life insurance provides ongoing income for a policyholder's family if he suddenly dies, according to The Motley Fool. In addition to replacing the deceased's income, life insurance can also cover funeral, legal and medic... More » Business & Finance Insurance

According to Futurity First, life insurance is an important asset because it provides financial protection for the beneficiaries, helping pay for funeral expenses, pay-off debts that could be assigned to the estate and p... More » Business & Finance Insurance

When insurers calculate the premiums for a life insurance policy, a young individual in relatively good health is expected to have a long lifespan, which lowers the premiums. A person with a short life expectancy present... More » Business & Finance Insurance

Life insurance works by having the beneficiary, normally the family of the individual who buys life insurance, receive a fixed amount of money in case the insured individual dies within the period determined by the insur... More » Business & Finance Insurance

Colonial Paul Revere insurance company offers life insurance products that people can tailor to their individual needs, such as marriage, home buying and starting a family, as its official website explains. As people's l... More » Business & Finance Insurance

Accidental death and dismemberment insurance refers to insurance policies that pay benefits in the event of a policyholder's death or dismemberment due to an accident, explains Policyholders can purchase a... More » Business & Finance Insurance

An insurance policy search is conducted when the policyholder is deceased, to see if any unclaimed benefits exist in his name, notes Consumer Reports. Examples of insurance providers that offer to perform insurance searc... More » Business & Finance Insurance