Many people who have heard or know of life insurance, but there are still some people who do not understand fully about life insurance.
Life insurance is a diversion or transfer of risk (risk shifting) on financial loss (financial loss) by the insured (insurance participants / consumers) to the insurer (insurance company).
Risks that would be delegated to the insurance is a financial loss due to the loss of one's soul or a reduction in economic value, resulting in harm to self, family or other interested person.
Various insurance companies have policies of each, here are some events that are generally covered by a life insurance policy:
Die. In the event of natural death or died at a young age due to illness, accident, etc. will be covered by insurance.
Elderly. If someone who has a life insurance policy, then he has aged or entering old age resulting in reduced or loss of economic value, then he will get insurance from life insurance.
Missing or declining state of health. For someone who has a life insurance policy, then he experienced a health condition is not good (severe pain), which resulted in it not being able to work, then he will also get insured on life insurance.
Disability (due to illness or accident). If the holder of a life insurance policy experience pain or accidents resulting in disability, then he will get insurance from life insurance.
Life insurance is a diversion or transfer of risk (risk shifting) on financial loss (financial loss) by the insured (insurance participants / consumers) to the insurer (insurance company).
Risks that would be delegated to the insurance is a financial loss due to the loss of one's soul or a reduction in economic value, resulting in harm to self, family or other interested person.
Various insurance companies have policies of each, here are some events that are generally covered by a life insurance policy:
Die. In the event of natural death or died at a young age due to illness, accident, etc. will be covered by insurance.
Elderly. If someone who has a life insurance policy, then he has aged or entering old age resulting in reduced or loss of economic value, then he will get insurance from life insurance.
Missing or declining state of health. For someone who has a life insurance policy, then he experienced a health condition is not good (severe pain), which resulted in it not being able to work, then he will also get insured on life insurance.
Disability (due to illness or accident). If the holder of a life insurance policy experience pain or accidents resulting in disability, then he will get insurance from life insurance.
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