Does life insurance pay out before death?

Life insurance is a contract between an individual and an insurance company, where the insurance company agrees to pay a sum of money to the beneficiary named in the policy upon the death of the insur

What is minimum sum assured in life insurance?

Life insurance is a contract between an individual and an insurance company where the insurer promises to pay a sum of money to the policyholder's beneficiaries upon the policyholder's death. One of t

Which stock market is best for beginners?

Investing in the stock market can be a thrilling ride, but it can also be a daunting task for beginners. With so many options available, choosing the right stock market to start investing can seem ove

What happens if I don't pay my credit card for 10 years?

If you've ever wondered what happens if you don't pay your credit card for 10 years, you're not alone. Many people have questions about the consequences of neglecting to make payments on their credit

Do insurance companies pay cash?

Insurance companies play a crucial role in the financial stability of individuals and businesses. One common question that arises is whether insurance companies pay cash or provide other forms of comp

What is the basic sum in insurance?

Insurance is a complex and multifaceted industry that has evolved significantly over the years. One of the fundamental concepts in insurance is the concept of basic sum, which refers to the amount of

How to learn stock market trading for beginners for free?

Learning how to trade stocks can be a challenging but rewarding endeavor. For beginners, understanding the complexities of the stock market and mastering trading techniques can seem daunting. However,

Is it better to pay off your credit card or keep a balance?

Credit cards have become an integral part of modern life, offering a convenient way to make purchases and build credit. However, whether it's better to pay off your credit card balance in full each mo

What happens when you cash in an insurance policy?

When you cash in an insurance policy, what happens behind the scenes can be a complex process that involves several steps. The decision to cash in your insurance policy is typically made when you no l

What is the formula for insurance payout?

Insurance is a complex and multifaceted industry that involves various types of coverage, including property, liability, health, and life insurance. One of the most fundamental aspects of an insurance

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