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Can Life Insurance Companies Deny Coverage Without Explanation

Life insurance companies can deny coverage, often due to factors like health, lifestyle, or financial risk. While they typically provide reasons, they're not always legally required to do so, depending on jurisdiction and policy terms.

What Happens If Your Life Insurance Company Goes Out of Business

If your life insurance company goes out of business, state guaranty associations often step in to protect policyholders. Coverage limits vary by state, so it's crucial to understand your specific protections and consider diversifying insurers.

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