life insurance | how to buy life insurance

How to buy life insurance in 8 steps?

An insurance policy is a contract that provides financial protection against the risk of a future event. In the case of life insurance, the event is death.

The most common type of life insurance is term life insurance. Term life insurance covers you for a certain period and pays out if you die within that time period. It’s also possible to get permanent life insurance, which lasts for your entire lifetime and pays out as long as you’re alive.