
Insurance is a compensation system for the possible future losses. We do not know about the future. So we want to reduce our risk. insurance can reduce the financial risk. Mostly we face unexpected losses in individual or group. The insurance is a policy where the insurance holder pay periodically and after the the policy maker or insurance company pay you when you face unexpected loss in the future. Now
Corporate Owned Life Insurance is very popular for its advantage. Insurance transfer the loss and divide the loss into the policy holder and insurance companies. Premium is the basic term which the policy holder pay to the insurance companies. The compensation depends on the policy premium. The premium is one kind of guaranty of the policy. When insurance policy holder face any losses, the insurance company pay the compensation in fulsome or periodically.
আপনার জন্য আরও ভয়েস
Ads by Tech Voice
Do not use HTML in your comments. Thanks for comments........... ConversionConversion EmoticonEmoticon