To buy life insurance , the first thing to know is What and how is this safe? This is a secure, basically buying the insured in order to protect people under their charge, in other words, compensation to legal heirs or beneficiaries in case the insured dies. In the event that the insured dies, beneficiaries receive a sum of money that can be paid in a lump sum or as income, has this amount of money is called the sum insured. This insurance policy is made with the objective of providing income to the spouse and / or children for a specified period, to ensure education of children, pay off some debt or to secure retirement funds.
This type of insurance, is classified according to their duration, the rate of premiums, or the number of insured in the policy. Continue reading