Life insurance is an insurance product that provides protection to the insured against the risk

Life insurance is an insurance product that provides protection to the insured against the risk of death. Life insurance aims to provide financial compensation to the insured’s heirs, so that they can meet their living needs after the insured dies. Life insurance benefits There are several benefits you can get from life insurance, including: • Protects the family from financial risks Life insurance can provide financial protection to the family left behind by the insured. The life insurance sum insured can be used to meet family living needs, such as children’s education costs, household costs and medical costs. • Maintain business continuity Life insurance can help maintain business continuity if the insured dies. The life insurance sum insured can be used to pay debts, taxes and other costs needed to maintain the business. • Increase investment value Some types of life insurance can also provide investment benefits. Life insurance premium money can be invested by the insuranc