What is mixed life insurance?
Mixed life insurance provides for the payment of the sum insured to the insured person if he survives until the expiration of the insurance contract or the payment of the sum insured to the beneficiary (heir) in the event of the death of the insured person.
So, for example, with life insurance for a period of 10 years, the insured person receives the insurance amount in case of surviving to the end of the contract (10 years) or his beneficiary receives a one-time insurance amount in case of death of the insured person for 10 years.
- The amount of the redemption amount must be included in the life insurance contracts
- What to do with employees of the enterprise of pre-retirement age who are ready to buy life insurance?
- Who will receive the insurance benefit if the Beneficiary is a minor?
- Whole life insurance and its investment component
- How is the sum insured paid out in the event of the death of the insured person?
