The Life insurance covers the insured for the duration of his life. In case of death of the insured, whenever whatever happens, the company paid to the beneficiaries the insured capital.
For the payment of premiums the insured has the option to pay or life or for a certain duration. The life insurance policies participate in profits from the investment of the mathematical reserves.
Moreover, the insured is entitled to redeem the contract before his death by collecting some of the stocks.
Finally, these contracts give the insured the opportunity to borrow at favorable interest rates and capital will not be greater than the corresponding stocks.
