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life coverage insurance

valid until: 12 Jun 2026date published: 12 Jun 2025

**Life coverage insurance** is a type of insurance that provides financial protection to your loved ones in the event of your death. It ensures that a lump sum amount, known as the death benefit, is paid to your nominated beneficiaries. This coverage helps them manage expenses like daily living costs, debts, and future needs. Life coverage insurance can be term-based (for a set period) or permanent (lifelong protection). It's a key part of financial planning and security for your family's future.

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