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Life insurance provides financial protection for your loved ones when you pass away. There are several types of life insurance, and choosing the right one is vital to ensure your policy meets your needs. If you're looking to purchase life insurance, two of the most common forms you'll encounter are term life and whole life insurance.
In case the U.S. economy wasn't hurting enough already, the Federal Reserve has a message for Americans: It's about to get much more painful. Fed Chair Jerome Powell made that amply clear last week when the central bank projected its benchmark rate hitting 4.4% by the end of the year — even if it causes a recession.