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BDO: Life Insurance

Life insurance is a safeguard for family members if the major supplier of


income were to die and it were to grievously upset the common means for
providing the basics of life but does not include the burdens of financial
expenses for burial, taxes, unplanned or emergency expenses, and furthered
educational expenses for children or to have the spouse go back to school to
become the primary breadwinner of the family.

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