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Definitions
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Dictionary > Definitions > Economy > Insurance life
Insurance life
Definition
The contract of insurance life is a contract with variable capital or premium single governed by the Code of the Insurances and subjected to the tax system of the insurance life.
Description
The contract of insurance life has as an aim the constitution of a capital by free or regular payments. With term, this capital can be converted into revenue, which makes it possible to constitute a retirement. The subscriber to the contract automatically acquires the quality of assured and recipient in the event of life. In the event of death before term, the capital is versed au(x) recipient of the insurance life désigné(s) in the contract. There are many insurance companies life in France. This article does not claim to provide a prize list of the best contracts of insurance life. Let us quote nevertheless the contracts of insurance life following: - insurance life AFER - insurance life CENTERED - insurance life CNP Insurances - insurance life Agricultural credit - insurance Direct life ING - insurance life the Post office
Author
Md.khurshed Alam
Author Email
mk_alamcce@yahoo.com
References
Definitions to be consulted