What is Term Life Insurance and Benefits?

By Ratiranjan

The term life insurance is a protection insurance which aims to ensure a capital or

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or an annuity contract to beneficiaries designated by the policyholder in the event of his death. 

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Temporary death also guarantees income in the event of the subscriber's disability.

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When the insured is alive at the end of the contract, the insurer must pay him -

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must pay him the savings constituted according to the terms set by the contract. 

The insurer has a period of 15 days from the end of the contract to ask the insured for all the documents necessary for payment.

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Payment must be made within one month of receipt by the insurer of all the documents required for payment. 

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