scorecardresearchWhat is Life Insurance?

What is Life Insurance?

Updated: 04 Mar 2022, 10:48 AM IST
TL;DR.

Life insurance is a contract between a policyholder and insurer. Under this arrangement, the insurer agrees to pay a fixed amount of money upon the insured person's death or after a specified period of time. Let’s explore more on this

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Life insurance is a contract between an insurance policy holder (insured) and an insurance firm.
First Published: 04 Mar 2022, 10:48 AM IST