Life Insurance Policy

Life Insurance
Life Insurance

Life insurance /Life Cover or life assurance is a contract between the policy holder and the insurance company, where the insurance company agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual’s or individuals’ death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a small amount at regular intervals or in lump sums.

  If you have dependent then you must have to plan for a life insurance policy if anything happen to you.