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what is insurance?
Life insurance is the key to good financial planning. On the one hand, on the other hand, money and ensures its growth and so give you complete financial well-being. Life insurance can be described as an agreement between the policyholder and the insurer, the insurer for a fee, agrees to pay a sum of money when the occurrence of the insured person or the death of individuals or any other event, such as terminal illness, serious illness or maturity of the policy.
Life insurance plans, unlike mutual funds, are beneficial when you look at them as a form of long-term investment that offers protection through life insurance. Life insurance is generally classified into two types: traditional plans and unit linked insurance plans (ULIPs).
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