Data:2009-12-12 2:34
Category: Insurance tips Release Date: 2006-08-01
Life according to payment terms are divided into three categories:
1. Death Insurance: The insured person dies within the period of insurance as a condition of payment of insurance premium. According to the insurance period is further divided into regular life insurance, and life-long death insurance.
2. Survival insurance: the insured person to live within the agreed period the conditions for the payment of insurance premiums.
3. Endowment insurance: the insured person died within the agreed period, or after the agreed period of survival, the insurance payments per head premium.