Types of life insurance. Life insurance is a contract that is made between an insured and an insurer – at least in the simplest terms. The insured, or perhaps the policyholder, must cancel a premium, which will be a guarantee for the insurer, in the event of the presentation of a certain event and / or risk situation, to compensate the insured.
insurance
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What is insurance?
What is insurance? Insurance is a legal agreement reached by two parties (the insurer and the insured). In this sense, the insurance company undertakes to repair the losses of the insured when a contingency occurs.