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7 Important Tips For Buying Life Insurance For The First time

Insurance_s28 Mar, 2024Finance

Understanding insurance purchases is crucial. Follow the Rule of 30 by 9: Save 30% of your income, allocate 9% for insurance premiums. Then, follow these 7 tips: Assess risks, choose a reputable insurer, be honest, avoid overcommitting, opt for annual payments, read policy documents carefully, and share details with your family.

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