Business Studies, asked by dg7877328, 1 year ago

what is life insurance​

Answers

Answered by whamwham
1

Answer:

LIFE insurance is the insurance that pays out a sum of money either on the death of the insured person or after a set period.

Answered by sekharkumar9765
2

Life insurence is a contract under which,the insurer agrees to pay a specified amount on the death of the assured,or on the expiry of a certain fixed period.

Hope you will get it

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