Category Archives for "Life Insurance"

Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person.

Critical Illness Insurance

When discussing your insurance need with your agent or broker, beside life insurance, critical illness insurance should be considered. What exactly is Critical Illness Insurance? It is an insurance product, where the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed […]

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