Life Insurance is a form of insurance that will grant a beneficiary a designated amount of money in the event of the policy owner's death.
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefits) upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment.
Contributions by Taxman, Waterwheel, and NickBurns.
There are many websites online that life insurance comparison quotes can be seen....