Wed.Jul 19, 2023

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How Life Insurance Payouts Work [2024]

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The life insurance payout is available to the beneficiaries in the event of an insured’s death. However, the way the payment is disbursed varies. Whether you choose a lump sum or annuity payment, you may have to pay taxes on the death benefit. Keep reading to learn how life insurance payouts work and how to. The post How Life Insurance Payouts Work [2024] first appeared on QuickQuote.com.