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Difference between life insurance and non life insurance?

In: Insurance, Life Insurance [Edit categories]

Answer:

Life insurance pays a death benefit when the insured party dies and the money can be given to his or her friends, family or next of kin.

Non Life Insurance covers objects for theft or damages including home, property and cars.

First answer by KJCasey. Last edit by KJCasey. Contributor trust: 0 [recommend contributor ]. Question popularity: 22 [recommend question].

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