Life insurance

[Agata98]

Life insurance is insurance that protects the insured person's property interests related to his life and death. Life insurance is usually associated with the long-term interests of the insured/insured person due to the fact that life is seen as a long-term condition, and, accordingly, the event of death is seen as unpredictable and distant. In other words, it is the accumulation of money, for example, for retirement, adulthood, wedding or other events in the life of the insured. How do you look at this?

[MarkBartra]

Life insurance allows a person to solve a whole range of social and economic problems. And I'm even thinking about getting life insurance as a couple because it's profitable. Conventionally, these problems can be grouped into two groups: social and financial. The implementation of the first allows to overcome the inadequacy of the system of state social insurance and security (accumulation of certain sums of money, for example, for retirement, or for the age of majority, or for other events in the life of the insured person). The implementation of the second is the protection of the financial interests of the insured or insured person in the event of death.

[Olenka01]

Accumulative life insurance is a type of long-term life insurance under which the sum insured is paid to the insured when he/she lives to a specified date or in the event of death of the insured to his/her heirs.

[Omegegh]

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