Category: Life Insurance

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. The insurance company promises a death benefit in consideration of the payment of premium by the insured.

Different types of Permanent Life Insurance: Comparison and Benefits

Insurance Group: Life Insurance

In this article, we’ll explore the different types of permanent life insurance, their features, benefits, and how they cater to varying financial needs. Permanent life insurance is a financial product that combines lifelong coverage with a cash value component, making it an appealing choice for those seeking both protection and investment benefits. Unlike term life […]