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LIfe Insurance policies cover against unfortunate eventuality of the policy holder, whereas for non-life sectors (including Health Insurance) there are General Insurance Companies offering various covers.

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Q: What are some of the risks that life insurance covers?
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What are some advantages of whole life insurance?

The main advantage to whole life insurance is that it will cover your entire life, as opposite to a term insurance policy, which only covers you for a term of usually 10 to 20 years, after which it expires.


What are some benefits of having a premier insurance?

The benefits of an insurance are: 1. The insurance covers accidents 2. The insurance covers medical needs. 3. The insurance covers thefts. 4. The insurance covers a lot of other things and it can save you money.


Why do some people get life insurance and some don't?

Taking a life insurance is choice of individuals. Some feel safe and dont think they will need any insurance whereas others want to feel more secure.Different people are willing to face different kinds of risks.


What statement best explains why some people get life insurance and some don't?

different people are willing to face different kinds of risks


Which best explains why some people get life insurance and others don't?

people are willing to face different kinds of risks.


What are the benefits of burial life insurance?

There are a few possible benefits of burial life insurance. Some of the advantages include there being no age restrictions as there are on many life insurance policies. The cost is low as it only covers one's burial and funeral costs.


Why do some people get life insurance and others don't?

Taking a life insurance is choice of individuals. Some feel safe and dont think they will need any insurance whereas others want to feel more secure.Different people are willing to face different kinds of risks.


Statements best explains why some people get life insurance and others don't?

people are willing to face different kinds of risks.


Which statements best explains why some people get life insurance and others don't?

people are willing to face different kinds of risks.


What are the different types of Life Insurance available?

Actually there are two different type of life insurance available. The first one is called "Term insurance" where the insurance only covers a specific amount of time. The second one is called "Permanent life insurance", where the insurance remains usually active (with some exit options of course).


What are some insurance services provided by Great West?

Great West offers annuities, life insurance, and business-owned life insurance. Great West also offers American Dental Association (ADA) group insurance which covers life, disability, office overhead expenses and medical supplement insurance.


Why do people take out insurance?

reduce the risks in the future To transfer some or most of the risks to another entity!