How can a life insurance give protection to a policyholder?
How can a life insurance give protection to a policyholder?
Hence, in life insurance, the Sum Assured (or the amount guaranteed to be paid in the event of a loss) is by way of a ‘benefit’. Life Insurance products provide a definite amount of money in case the life insured dies during the term of the policy or becomes disabled on account of an accident. Jul 4, 2016
