Wondering what will happen if your life insurance agency goes bankrupt? Read on and learn all about it.

What Happens If My Life Insurance Company Goes Out of Business?

Even if a life insurance agency goes bankrupt, you will still be covered due to reinsurance contracts and government insurance requirements. When you purchase a life insurance plan, you want to feel confident that the insurance provider will continue to compensate your beneficiaries despite a downturn in the economy. Thankfully, the life insurance industry is highly …

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