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People will receive a monthly payment each month for the rest of their life, with an annuity payment. With a life insurance plan, people protect the future of your family. When you own a life insurance plan, you are basically purchasing a death benefit that will be paid to your family when you die.
What is the average monthly expenditure?
Average monthly expenses are the average of all expenditures made by a person, family, or business, in a month.
The average expenditure can be calculated by per household reporting the purchase of an item, dividing the average household expenditure on that item by the corresponding percentage reporting and then multiplying by 100.
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