Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

What is life insurance and how does it work? A beginner's guide

Life insurance can be a smart tool for protecting your loved ones. Here's what to know before buying a policy.

  • Life insurance provides a payment to beneficiaries upon the policyholder's death
  • Beneficiaries are designated, premiums are paid, and death benefit is received
  • Medical questionnaire/exam determines eligibility and premium cost

More from Monday 2 November →