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Life insurance is a financial product that provides financial security for loved ones in the event of the policyholder’s death. It is a contract between an insurance company and a policyholder, where the policyholder pays premiums to the insurance company in exchange for the promise of a death benefit payout to their beneficiaries upon death. … Read more

Introduction Insurance companies are financial institutions that provide financial protection against losses from unexpected events. They do this by selling insurance policies to individuals and businesses. When an insured event occurs, the insurance company pays the policyholder a sum of money to help cover the losses. There are many different types of insurance companies, each … Read more