Showing posts with label policy-holder. Show all posts
Showing posts with label policy-holder. Show all posts

Saturday, June 23, 2007

Life insurance

Life insurance, sometimes referred to as life assurance, provides for a payment of a sum of money upon the death of the insured. In addition, life insurance can be used as a means of investment or saving.

Source: Swiss Re

Universal Life insurance

Life insurance with an investment component as well as a death benefit. You, the policyholder, have the right to increase or decrease the investment amount.

Source: Investor Awareness