161k views
5 votes
What is a definition of life insurance replacement?

User JoshJoe
by
7.1k points

1 Answer

5 votes

Answer:

Life Insurance - Meaning

Step-by-step explanation:

Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

User Patatahooligan
by
6.5k points