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How Much Life Insurance Can You Buy? There is a Limit

There is a Cap On The Total Amount of Life Insurance You Can Have in 2016 Many people are surprised when they learn there is a cap on the amount of life insurance any one person can own 2016.  There is a common thought that you can purchase as much life insurance as you would like as long as you can pay the premiums.  This is not the case.  It’s called financial underwriting.  The purpose of any insurance policy is to provide coverage to an insured in the event of a specified loss.  Insurance is meant to replace what you […]