Life Insurance can be defined as a contract between an insurance policyholder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium after a set period or upon the death of the insured person.
Life insurance is a contract signed between a person and an insurance company. In exchange for premiums paid at regular intervals, the insurance company promises to pay a lump sum known as a death benefit to the beneficiaries after the death of the policyholder.
The main goal of life insurance is to provide financial security to the dependents of the insured in case of premature death, helping them manage expenses, pay debts, and achieve long-term financial goals.
You can buy life insurance online through a simple and secure process. This ensures that your loved ones are financially protected in your absence with minimal hassle.
The following steps are required for a beneficiary to make a claim:
If anyone is financially dependent on your income—like parents, children, or other relatives—you should consider purchasing life insurance to secure their future.
Life Insurance promotes and builds a sense of trust and quality in the minds of customers and establishes credibility.
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