Ramolak19
Verified member
I was in a meeting last week to explain basic features of a life insurance plan policy which provide financial protection to beneficiaries upon the policyholder's death. Basic features include a death benefit paid to beneficiaries, regular premium payments to keep the policy active, and different coverage options like term life, whole life, or universal life insurance. Some policies may accrue cash value over time.
Then customizable coverage amounts and durations are available to suit individual needs. Optional riders can be added for additional benefits, such as critical illness or disability coverage. Life insurance plans offer security and peace of mind by ensuring financial support for loved ones in times of need.
Then customizable coverage amounts and durations are available to suit individual needs. Optional riders can be added for additional benefits, such as critical illness or disability coverage. Life insurance plans offer security and peace of mind by ensuring financial support for loved ones in times of need.
