Difference between Life Insurance and Life Assurance - 0 views
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Life Insurance and Life Assurance perform different financial roles and are poles apart in cost
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Life Insurance provides you with insurance cover for a specific period of time
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Life Assurance is different. It is a hybrid mix of investment and insurance. A Life Assurance policy pays out a sum equal to the higher of either a guaranteed minimum underwritten by the policy's insurance provisions or its investment valuation.
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