Accountancy, asked by yadavaryan93900, 2 months ago

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”
ro
"Life insurance, is insurance as well
as investment. " Explain this stat-
ement.

Answers

Answered by premk8199pk

true

Explanation:

insurance is the amount that has been given by a person for being ready to face any future uncertainity insurance is prepaid that is given in advance it is an asset

Answered by palakguptavg8

Answer:

Life insurance is a financial tool to support the family of an insured’ person after his death.

Higher Returns – Unlike traditional insurance policies, investment insurance maximizes your earning potential by linking some of your investment to stocks and bonds.

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