Question

Define Life Insurance.

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Answer 1

Hey mate, here is your answer -:)

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It refers to that insurance under which, in consideration of a premium, the insurer promises to pay a sum of money on the death of the person whose life is insured or expiry of a certain period whichever is earlier.

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HOPE it helps to you!!

Answer 2

Answer:

Hey mate, here is your answer -:)

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It refers to that insurance under which, in consideration of a premium, the insurer promises to pay a sum of money on the death of the person whose life is insured or expiry of a certain period whichever is earlier.

__________________________

HOPE it helps to you!!