The important and popular type of insurance.in life insurance, insurance companies promise to pay a specific sum of money to the insured on the expiry of the period of policy or on the death insured, which ever is earlier, to his nominees.This type of insurance relives the widow of insured and his dependents from the hardship and poverty, if the insured is the bread earner of the family.Health insurance amenities are also covered in Life Insurance.
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