Life insurance pays your beneficiaries a substantial cash benefit should you die during the term of the policy —
essentially protecting them against the risk that you might die prematurely, placing them in financial jeopardy.
Not exact matches
When you buy an annuity, you're
essentially buying insurance to
protect against the
risk of outliving your savings.
This
essentially allows you to lock in the current cost of college,
protecting you
against the
risk that tuition costs will continue to rise.
Essentially, you want to know who your business affects and then find a policy that
protects you
against the inherent
risks.