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Old 08-29-2011, 03:55 AM
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Default Life insurance Household income subsidy

Life insurance
The insurance company undertakes to pay insurance to the beneficiary specified in the contract upon the death of the insured at any time there is no death that the insurance protection afforded by this type of insurance will continue throughout the lifetime of the insured without any limitation of time in which he talked of death.

Household income subsidy
Benefits paid, in addition to the amount of insurance under the insurance policy life mixed and designed the ads to provide an income for members of the deceased's dependents during the period between the date of death of the insured and the date when the document or termination.

Bond
This ensures that the contract to pay insurance to the beneficiary specified in the contract in the event of death of the insured, provided that death occurs during a certain period, if the insured stays alive until the end of this period is discharged by the insurance company and the end of the contract.

Bond with the response of premiums in the case of life
This type of insurance such as the type "Bond", but differs in that if the insured stay alive until the end of the period of insurance, the company is committed to refund all premiums by the insured its performance during the period of insurance.

Bond declining
Which is similar to (7) in that it provides insurance coverage for the insured to cause the amount of insurance in case of death only during the period of insurance, but differs in that the amount of insurance in any year of insurance less than the amount of insurance in the previous year, meaning that the amount of insurance decreases annually as a fixed, premiums and lead this kind of insurance during the period of time less than the original period of insurance often during a period equal to two thirds of the insurance.
This type of insurance suited to borrowers from the banks or investment institutions that grant such loans.

Document fees
It is a document updated grant insurance coverage for the guardian of the pupil / student during the study phase until the end of high school, so that in the event of the death guardian company is committed to pay the tuition for the student / student until the completion of secondary education in the same school or another school with the same level of fees study.
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