Economy, asked by gragoryraii, 4 months ago

distinguished between general & life insurance

Answers

Answered by manseeratk50

1

Life insurance gives a payout in case the policyholder dies, whereas in case of a general insurance, payouts is made in the event of an unexpected loss such as an accident or a theft or a sudden liability. Life insurance is a long-term contract and requires you to pay the premiums in monthly installments.

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