英语论文网

该政策的所有者是支付保费并拥有所有权的个人或组织：
命名受益人的权利
领取股息，并交出现金政策的权利
改变所有权的权利
正确的分配政策作为贷款的抵押。
“死亡是一定的，但是它发生的时间不确定”
人寿保险是所有个人，企业，社区，社会和普通大众最重要的。如果提供了保护，防止收入损失补偿和政策的造像。它除了要对被保险人的生命死亡支付现金，还有其他主要功能。

The Life Insurance Need Analysis Economics Essay

Under this, the insured person pays the premium regularly to insurance company, once a policy is taken, and in lieu of this, the insurer promises to pay a fixed sum of money at the time of the death of insured or on the expiry of a specified period of time, whichever is earlier. The payment for life insurance is certain but the event for which insurance is taken is not very certain.

A Beneficiary can be a Person, Business, Trust, or Estate.

The Owner of the policy is the Person or Organization who pays the premiums and has ownership rights :

The right to name the beneficiary

The right to receive dividends and to surrender the policy for cash

The right to change ownership

The right to assign a policy as collateral for a loan.

‘Death is certain, but when it occurs is not’

Life insurance is of utmost importance for all individuals, businesses, communities, society and general public at large. If offers protection against loss of income and compensates the titleholders of the policy. It has other principal functions besides making cash payment on death of a life insured.

Life is unpredictable. As the head of the family, everyone wants a secured life for their family members. The nightmares about your family’s financial protection keep haunting you.

You need life Insurance because typically the need for income continues for those who are financially dependent on you, but there is no guarantee of your ability to earn consistently and for the rest of your life.

Life insurance can help you safeguard the financial needs of your family.

To replace income the family would need to maintain their standard of living after the death of a wage earner.

Life insurance insures your life and reduces any hardship your family may have to bear in the unfortunate event of your death.

Insurance can provide an emergency cash reserve.

It can provide capital to pay “last expenses” and operating capital during a family’s readjustment period.

to pay off a mortgage loan and other personal and business debts or to create a rent fund.

To create a fund for children’s education.

To create a family emergency fund or a fund for a family member with special needs.

Life insurance proceeds generate a financial lump sum that can be used to cover a family’s current and long-term operating expenses.

It facilitates savings for old age to enjoy secured and peaceful life as the earning capacity of a person is reduced after retirement.

It encourages people to save money by making them obliged to pay premium regularl本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。