how does life insurance work 
life insurance works by providing a death benefit in exchange for paying premiums one popular type of life insurance term life insurance only lasts for a set amount of time such as 10 or 20 years permanent life insurance also features a death benefit but lasts for the life of the policyholder as long as premiums are paid bottom linethere are many types of life insurance policies available each offering a variety of features understanding how life insurance works helps you choose the best coverage for you and your family once you decide what type of insurance you need and how much coverage makes sense for your situation compare products from top life insurance companies to determine the best fit 