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This is a type of insurance with the life of the policy holder

Life Insurance

The primary purpose of a life insurance policy is to ensure that the insurer will pay out a designated sum of money to named beneficiaries when the policyholder passes away. This payment is made in exchange for the premiums paid by the policyholder during their lifetime.

Saving plans

With a savings plan, you can enjoy the benefits of both saving and investing for your future. It is an insurance plan that offers the opportunity to accumulate funds for your long-term financial goals. By participating in a savings plan, you can build a solid financial foundation for yourself and your family.