insurance quotes
United States
0 playlists
0 followers
4 views
Life insurance is a contract between the policy holder and the insurer, where the insurer promises to pay a designated beneficiary a sum of money (the "benefits") upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. In return, the policy holder agrees to pay a stipulated amount (the "premium") at regular intervals or in lump sums. In some countries, death expenses such as funerals are included in the premium; however, in the United States the predominant form simply specifies a lump sum to be paid on the insured's demise.

Recent videos

Playlists

No playlists yet

Comments

Be the first to post a comment
Sign in to post a comment.

Recent activity

insurance quotes activity at a glance