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Is Life Insurance a Scam? Many people ask this question, is life insurance a scam. In this article I am going to try and answer these questions and hopefully some more. What is life insurance? Is it a scam? Why do I want to have life insurance? It's important to first understand how life insurance works before answering any of the other questions about life insurance. The key to life insurance is your "investment". Your investment is either a lump sum of money or some kind of annuity, and that's the only reason that the insurance company will pay o
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