What is life insurance?
An example of an AI chatbot conversation about life insurance and its benefits.
Can you explain what life insurance is?
Sure! Life insurance is a contract between an individual and an insurance company that provides financial protection to beneficiaries upon the insured's death.
What are the different types of life insurance?
There are mainly two types: term life insurance, which covers you for a specific period, and whole life insurance, which provides coverage for your entire life.
How much does life insurance typically cost?
The cost varies based on factors like age, health, and the type of policy. On average, it can range from $20 to $100 per month.
Is life insurance worth it?
Yes, it can provide financial security for your loved ones and cover debts or expenses after your passing.
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