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What is the difference between life insurance and non life insurance?

In: Life Insurance [Edit categories]

Answer:

Life insurance pays a death benefit when the insured party dies. So, it is insurance on someone's life.

Non Life Insurance (such as home, auto, general liability) insurance covers something else other than a person's life.

First answer by Lombardob. Last edit by Anacanapanastan. Contributor trust: 200 [recommend contributor ]. Question popularity: 11 [recommend question].

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