Life assurance

Life assurance means an insured conduct of the insured person. If there comes an insurance event such as death, serious diseas or full invalidity pension, the insurance company pays the insurance benefit to hereby afflicted person (who is assigned in the insurance contract). Life assurance assures the amount of insurance for the rest of family, which should be least two years earning, if the insured person, whose family is dependent on him, dies. Life assurance has to cover all the financial needs of the closest people of deceased (husband, wife, children...), before they are able to recover financially from the disaster. People, whose families are dependent on them should award life assurance mostly.