Life Insurance Sector

The insurance sector is made up of companies that offer risk management in the form of insurance contracts. The basic concept of insurance is that one party, the insurer, will guarantee payment for an uncertain future event.
Life insurance is a contract between you and an insurance company. Essentially, in exchange for your premium payments, the insurance company will pay a lump sum known as a death benefit to your beneficiaries after your death. Your beneficiaries can use the money for whatever purpose they choose.
Life insurance companies make money by charging premiums that are higher than the costs of providing the coverage, including paying death benefits, operating expenses, and taxes. Life insurance companies can also generate revenue through investments in the premiums collected.

In this section, we have collected the most current articles and reviews on the topic of the Life Insurance Sector.