Life Insurance: Planning For Safe And Secure Future
It is crucial to have some planning for safe and secure future. Life insurance is an important part of setting up the plans for the coming years of life. Life insurance is an excellent tool that provides guaranteed financial protection to insured’s family after his/her death. In simple language life insurance is a technique to transfer risk and uncertainty from one party to another (from insured to insurer) in exchange for a premium.
“Life insurance, sometimes referred to as life assurance, provides for a payment of a sum of money upon the death of the insured. In addition, life insurance can be used as a means of investment or saving.”
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Submitted by admin on Tue, 2007-01-09 05:41.