LIFE INSURANCE TEXAS

 

  

LIFE INSURANCE TEXAS

Life insurance is insurance in which the risk insured against is the death of a particular person, the insured, upon whose death while the policy is in force, the insurance company agrees to pay a stated sum or income to the beneficiary. Group Insurance Texas, Health Insurance Texas, Life Insurance Texas

Life insurance is on human lives including endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits for disability, and annuities. 
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Life insurance provides for payment of a specified amount on the insured's death, either to his or her estate or to a designated beneficiary; or in the case of an endowment policy, to the policy holder at a specified date.
Group Insurance Texas, Health Insurance Texas, Life Insurance Texas

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 savings.
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Life insurance is a contract whereby, for a stipulated premium, the insuring company agrees to pay the insured, or his beneficiary, a fixed sum or its equivalent in income, upon the happening of death or some other specified event. 
Group Insurance Texas, Health Insurance Texas, Life Insurance Texas

LIFE INSURANCE TEXAS continued
 

 

 

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