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Insurance business is found as important supporting business in expediting the economy by covering the risk of lives and assets. The growth in insurance business is the indicator of economic growth in every country. The awareness and confidence in insurance business is important as it is a long ...
INSURANCEONLIVES,contracts.Theinsuranceof alifeis acontractwherebytheinsurer,inconsiderationof acertainpremium,eitherin agrosssumorperiodicalpayments,undertakestopaythepersonforwhosebenefittheinsuranceismade,astipulatedsum,or anannuityequivalentthereto,uponthedeathofthepersonwhoselifeisinsured,wheneverthisshallhappen,...
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