Identify the type of insurance state two features of insurance
a) Beena pays an imual premium of Rs5000. She has insured for a sum of Rs5,00,000- She will not get the money as long as . Her heirs will get the money
on her death
b) Siddharth wants a sum of 15000 after he is 60 years old he pays a sum of Rs 2,00,000 to insurance company
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B)siddharth wants a sum of 15000 after he is 60 years old he pays a sum of 2,00,000 to insurance company
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