33+ Definition Life Insurance Meaning PNG. Life insurance definition in english dictionary, life insurance meaning, synonyms, see also 'change of life',facts of life',change of life',come to life'. Life insurance is a form of insurance in which a person makes regular payments to an.
Individual life insurance is a policy that is paid by one person and covers a single person.
Insurance that guarantees a specific sum of money to a designated beneficiary upon the. Buying this means your loved ones can get money when you die. Life insurance (or life assurance, especially in the commonwealth of nations) 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 (the benefit) in exchange for a premium. Term life insurance provides life insurance coverage for a specific amount of time.
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