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Every thing you need to know about life insurance

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What is Life insurance ? Life insurance (or  insurance ,  particularly   within the  Commonwealth of Nations)  could be a  contract between  a policyholder   an d a  nondepository financial institution  or assurer,  wherever  the  nondepository financial institution guarantees  to pay  a delegated  beneficiary a  total   of cash  (the benefit) in exchange for a premium, upon the death of  an   insured  (often the policyholder).  looking on  the contract,  different  events  like  terminal  illness  or  important illness   may  trigger payment. The  customer   usually  pays a premium, either  frequently  or  as one   payment .  other expenses ,  like   ceremony  expenses,  may  be  enclosed   within the   edges . Life policies...