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Life Insurance Padlet

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it is when a person and a life insurance company make a deal that upon the persons death they will give the beneficiary an amount of money

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they are the people the person who got the life insurance  wants to give the money to upn their death and they get the money threw a check

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it is the money the person who wants the insurance has to pay to the company to get the insurance

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it is like whole life insurance except that the person who bought the life insurance can invest in the policy's cash value so that the benishiearys get more money when they die

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it is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime provided required premiums are paid or to the maturity date.

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it is life insurance that provides coverage at a fixed rate of payments for a limited period of time

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there are 4 types of life insurance which are: term, whole, universal, and variable

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it is a type of life insurance that lasts forever unless requirements are met and it has a cash value component in it which means that it builds interest on itself over time, and also the premiums and benefits can be changed over time