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A Nigerian student died in the uk here is a sad reality of what is happening in the uk
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Link to the go fund me
For Mr Jacob Okeniyi who u… PATRICIA CHINWEZE needs your support for Mrs Olubunmi Okeniyi Source: gofundme.com [ Ссылка ]
Life insurance in the UK serves several important purposes:
1. Financial protection: It provides a financial safety net for your loved ones in case of your untimely death, ensuring they can cover living expenses, mortgage payments, debts, and other financial obligations.
2. Estate planning: Life insurance can help mitigate inheritance tax liabilities and ensure a smooth transfer of assets to your beneficiaries.
3. Peace of mind: Knowing that your loved ones will be financially secure in your absence can provide peace of mind and alleviate worries about their future financial stability.
4. Covering funeral expenses: Life insurance proceeds can be used to cover funeral and burial costs, relieving your family of this financial burden during a difficult time.
5. Supplemental retirement income: Some life insurance policies, such as permanent life insurance or annuities, can provide a source of supplemental income during retirement.
Overall, life insurance plays a crucial role in protecting your family's financial well-being and ensuring your legacy is preserved.
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