life insurance

Life insurance is a contract between the policy owner and the insurer where the insurer agrees to pay a sum of money upon the occurrence of the insured individual death or other mishap. life insurance quotation would give the exact quote according to the capability of an individual to pay the monthly premium .This is termed as underwriting. The contracts can be classified into two types namely investment policy and protection policy. The key factors to be considered in a term insurance are facing amount, premium and length of coverage.

3 comments:

sunanda said...

Do some calculation before doing any insurance plan; subtract your resources from the amount of capital needed to meet your family's total financial needs.

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honey said...

Life insurance prices increase with age, and if you get sick you may be unable to qualify for coverage. That’s what they say. :( how does term life insurance work

Anonymous said...

I noticed your posts and thought I would share some thoughts. One, when buying Life Insurance, whether Term or Permanent, be sure the rate is guaranteed. lowest term life insurance

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