what is life insurance
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Life insurance is a contract with between an individual and an insurer. In this policy, a person has to make regular payments(known as premiums)to the insurer in order to receive a sum of money that will be paid to the individual after a period of time or to their family, in case of the policyholder’s death or if the policy matures. Typically, this type of policy is chosen based on your needs and goals.
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Life insurance is the amount given to the insurance people to save money for our life.
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