UGC NET
Prince Asked a Question
June 15, 2021 10:38 pmpts 30 pts
  • UGC NET
  • Commerce

What is the meaning of life insurance and how many types are there of life insurance? please explain in detail.

what is the meaning of life insurance and how many types are there of life insurance? Please explain in detail.
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  • Rucha rajesh shingvekar thankyou
    1)Whole life insurance Whole life insurance, or whole of life assurance, sometimes called "straight life" or "ordinary life," is a life insurance policy which is guaranteed to rem...
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  • Rucha rajesh shingvekar Best Answer
    There are four major types of life insurance policies. These life insurance types are Whole Life Insurance, Term Life Insurance, Universal Life Insurance, and Variable Universal Li...
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