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Life Insurance
How does variable life insurance work?
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[QUOTE="jhon paul, post: 5599, member: 778"] Life insurance companies make money by investing premiums to make more that they will have to pay in claims .And the insurance company revenue model is an business arrangement with an individual company where the insurers promises to pay specific amount of money where the specific asset loss by injured usually by damage illness in case of life insurance death.Basically insurance contract is a promise by the insurance company to pay out any losses for the variety of asset spectrums exchange for regular smaller payments made by insured to the insurance company.An a insurance company is for profit enterprise and it has to create internal business model that collects more cash than its pays to customers while factoring the costs to run in business... [/QUOTE]
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How does variable life insurance work?
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