what is life insurance?
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Hyyyy....
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Life insurance is a contract between an insurer and a policy holder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.
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Answer:
What Is Life Insurance? Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against. The contract is valid for payment of the insured amount during: » The date of maturity, or. » Specified dates at periodic intervals
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