How Does Life Insurance Work In The USA? 
Life Insurance companies are formed under state laws . Each law regulates the activities of the insurance companies that are admitted to that state . The company offers to provide a guaranteed amount to a customer whose death falls within a certain period of time . This period of time can be a lifetime . Companies market their product in various ways ; however , the product is sufficiently complex that most people seek the advice and assistance of a state licensed insurance agent . 