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Here are 4 common mistakes people make when buying life insurance and how to avoid them: 1. Not Buying Enough Coverage Mistake: Underestimating how much life insurance is needed to protect loved ones. Why It’s a Problem: \t•\tYour family may struggle to cover daily expenses, debts, or future goals like education or retirement if the payout is too low. \t•\tInflation can reduce the real value of the coverage over time. Solution: \t•\tCalculate your insurance needs based on your income, debts, liv
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