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Life insurance is a mutul contarct between the ploicyholder and the insurance company,where the company promise to pay a pre- specified amount to the nominee in case of death of the ploicyholder or after predetermind period ,and in return the insured need to pay the premium for a certain period.<br>
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What is Life Insurance? Life insurance is a mutulcontarct between the ploicyholder and the insurance company,where the company promise to pay a pre- specified amount to the nominee in case of death of the ploicyholder or after predetermind period ,and in return the insured need to pay the premium for a certain period.
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