What Does Life Insurance Mean?

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What does Life Insurance mean? Read on to discover the definition & meaning of the term Life Insurance - to help you better understand the language used in insurance policies.

Life Insurance

Life Insurance

Insurance in which the risk insured against is the death of a particular person, the insured, upon whose death, while the policy is in force, the insurance company agrees to pay a stated sum or income to the beneficiary.

We hope the you have a better understanding of the meaning of Life Insurance.

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