What is a Life Insurance Lump sum?

Nobody likes to think about the worst-case scenarios in life, but it's important for us to be prepared all the same. Having a life insurance policy is a good idea for this reason. Life insurance pays out a lump sum when you die and is a safety net for your family as they continue on without your income. Here are some of the most helpful things a life insurance lump sum could be used for by your family.
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