IndiaInsurance
25th February 2020, 11:44 AM
A life insurance policy is a contract between an insurer and a policyholder. To make the contract valid, a premium amount is paid by the policyholder at the time of buying the policy and later at agreed intervals of time.
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/how-is-life-insurance-premium-calculated/articleshow/73480007.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/how-is-life-insurance-premium-calculated/articleshow/73480007.cms)