Sociology, asked by amitchy64, 1 month ago

purchasing a life insurance policy. Which type of agreement it is?​

Answers

Answered by IIUNKNoWNBoYII
3

Answer:

Life insurance is a contract between an insurer and a policyholder. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime.

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