Marriage is the last sacrament available to modern man, and with the terrible destruction of interpersonal relations by capitalism and its war-making State, it is not very available, nor is it surely enduring. But then, vision does not come with guarantees.
Definition of life insurance: Insurance cover that serves two major purposes: (1) to substitute for the insured's income if he or she dies, and (2) to qualify the insured for favorable tax treatment. The policy holders buy ...
life insurance. Insurance cover that serves two major purposes: (1) to substitute for the insured's income if he or she dies, and (2) to qualify the insured for favorable tax treatment. The policy holders buy insurance cover from an insurance company, and pay specific periodic amounts (premiums) for the term (duration or life) of the policy. If the insured dies before the this term is completed, a guaranteed sum (the face amount of the policy) is paid to one or more named beneficiaries.