A Life insurance plan is a contract between an individual and an insurance provider, in which an insurance company gives financial protection to the policyholder in exchange for an amount, known as premium. A life insurance plan has features that we need to understand before its purchased. In the market there are many types of life insurance plans. Not all plans would be suitable to all. We should try to find out our insurance needs and take an insurance plan as per that.
At the end of this course, you would be able to understand :-
- Concepts of Insurance
- Need for Life Insurance
- Types of Life Insurance Plans
- Comparison of Life Insurance Plans