Business Studies, asked by niyatidutta, 4 months ago

Q1 Why do people take life insurance??

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Answers

Answered by ItZzMissKhushi

Answer:

the purpose of life insurance is to provide peace of mind by assuring that financial loss or hardship will be alleviated in the event of the insured person's death.

Explanation:

Answered by Anonymous

Your life insurance gives your family choices by providing the benefits to help pay off debts, to help meet housing payments and ongoing living expenses, to help fund college educations for your children or grandchildren, and much, much more. Life insurance provides cash when it's needed most

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