Life Insurance

Life Reassurance

The return of life insurance is a method whereby the life insurance company, which insures the life of the insured, transfers part of the risk to another company called reinsurer and life insurance company called the assigned company or the original company. The main purpose of reinsurance is to reduce the risk of insurance The …

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Life Insurance

Life insurance provides a monetary benefit to a decedent’s family or other designated beneficiary, and may specifically provide for income to an insured person’s family, burial, funeral and other final expenses.  Life insurance policies often allow the option of having the proceeds paid to the beneficiary either in a lump sum cash payment or an annuity. In …

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Accident, sickness, and unemployment insurance

·                          Disability insurance policies provide financial support in the event of the policyholder becoming unable to work because of disabling illness or injury. It provides monthly support to help pay such obligations as mortgage loans and credit cards. Short-term and long-term disability policies are available to individuals, but considering …

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