Business Studies, asked by sodabamuradi786, 1 month ago

life insurance is also referred to as life assurance explain?​

Answers

Answered by amrita5723
42

Answer:

: It is the person who is covered under the insurance policy. Proposer: It is the person who pays the premiums of the policy. For example: If you have bought the policy for yourself, then you are both the Life Assured as well as the Proposer.

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