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Sale Of A Life Insurance Policy - Frequently Asked Questions

What If My Life Insurance Includes A Double Indemnity Provision In The Event Of Death By Accident?

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Keep the right to the proceeds in case you die as the result of an accident. Also keep the right to change the beneficiary for this portion of your life insurance. This should not be a problem for a purchaser. In fact, if the state has a law which regulates the purchasing company, it may not be allowed to purchase this type of insurance.

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