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Life Insurance for those Starting a New Job
Oftentimes, employers offer a benefits package to their new hires that includes a life insurance policy. Lorne recommends examining that policy very closely. What is the benefit amount? Will it be enough to pay off your debts and provide for your loved ones? It’s likely that you will need to purchase additional life insurance coverage to pay for things like a home mortgage and college for your children. There are many affordable supplemental life insurance plans available.
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