If you have no idea how you can get income from a life insurance policy, this document will help you. It explains the mechanics of a life insurance policy in a very simple and easy to understand manner.
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No Rendering of Advice: The financial content in this document is provided for your personal information only. It is not intended for trading purposes, and cannot substitute for professional financial advice. Always seek the advice of a competent financial advisor with any questions you may have regarding a financial matter. Information in this document is not appropriate for the purposes of making a decision to carry out a transaction or trade nor does it provide any form of advice (investment, tax, or legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments, or products.
The primary reason for purchasing life insurance is the death benefit protection. Any other benefit is purely ancillary.