What's Life Insurance at Life

What's Life Insurance. How does life insurance work? In general, most insurance policies identify the following:

Life insurance is a way to help protect against this uncertainty. The primary purpose of life insurance is to pay out upon the death of a. Here is an introduction and overview of each.

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How life insurance works is pretty simple. Life insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period. If you are wondering what is life insurance meaning, you should know that a life insurance policy is a contract between an individual and an insurance provider, in which the insurance company gives financial protection to the policyholder in exchange for monthly fees (known as premiums). Here is an introduction and overview of each.