English, asked by bhartirathore299, 1 month ago

what is life policy?



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Answers

Answered by pri59mondal
1

Answer:

Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.

Explanation:

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Answered by DynamiteAshu
21

Answer:

Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.

Explanation:

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