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24-May-2018 05:37

Life insurance is about providing protection to the dependents.At the same time, it also provides peace of mind to the living person.At the same time, there is a bit of commerce involved in this.

In most cases, the dependents include the spouse, children, and parents.There is an accumulation of money in these types of policies and there is a minimum sum assured to the beneficiary at the maturity of the policy. Prima facie, they are doing a good work by insuring people against any untoward incident.

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