What do you know about Life Insurance

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Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

Life insurance provides financial protection to the policyholder's beneficiaries in the event of their death
There are different types of life insurance policies, such as term life, whole life, and universal life
Premiums for life insurance policies are based on factors such as age, health, and lifestyle
Life insurance can also be used as an investment tool, with some policies offering cash value accumulation
Life insurance is important for anyone who has dependents or wants to ensure their final expenses are covered

What do you know about Life Insurance

Top HR questions asked in ICICI Prudential Life Insurance Front Line Manager