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At the same time, there is a bit of commerce involved in this.
The insurance companies insure a person in exchange for regular premiums.
The other type of policy is bought from an investment perspective.
These can be called by different names like Universal, Permanent or Whole Life insurance.
For example, if you buy a policy for yourself, you are both the owner and the insured.
However, if you buy a policy for your spouse, you are the policy owner while your spouse is the insured person.
However, a person may make anybody the beneficiary of the policy.
The insurance policy is a legal contract between the insurer and the insured.
However, having a life insurance policy does not mean that you will get life cover for all kinds of deaths.
Policy owner and the insured person Do keep in mind that the insured and the policy owner can be the same person or two different persons depending on the situation.
Pour commencer à remplir la grille, déplacez le curseur sur la case que vous souhaitez compléter et entrez un chiffre à l’aide du clavier.