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Life insurance is a contract between the life insurance company and the policyholder. The life insurance company agrees to pay a death benefit to the policyholder if they die within a certain time frame.
Life insurance lasts for as long as it takes for the insured person to die, usually 20 or 30 years. If you have a 20-year life insurance policy, you would need to make sure that you don't live longer than 20 years to get your full benefit from it.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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