answersLogoWhite

0


Best Answer

Property insurance - If your property is damaged the insurance will pay for this to be repaired.

Life insurance - If you die then your estate (or the named beneficiary) gets a payout to the value of the insurance.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the Difference of life and property insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is property insurance higher then life insurance?

yes


How do portfolios of life insurance and property and casualty insurance companies differ?

Life insurance companies tend to be working with more money than property and casualty insurance, in most cases.


What is the difference between voluntary insurance?

What is the difference between voluntary life insurance and life, ad/d?


What has the author S S Huebner written?

S. S. Huebner has written: 'Life insurance; a textbook' -- subject(s): Insurance, Life, Life Insurance 'Property and liability insurance' -- subject(s): Fire Insurance, Insurance, Fire, Insurance, Liability, Insurance, Marine, Insurance, Property, Liability Insurance, Marine Insurance, Property Insurance 'Report on legislative obstructions to the development of marine insurance in the United States' -- subject(s): Insurance, Marine, Marine Insurance 'The main feature of the present foreign trade of the United Kingdom' -- subject(s): Commercial policy, Statistics, Commerce 'Property insurance' -- subject(s): Accessible book, Fire Insurance, Insurance, Marine Insurance, Property Insurance


What has the author Gary H Snouffer written?

Gary H. Snouffer has written: 'Life insurance agent' -- subject(s): Life Insurance, Life insurance agents 'The Sales & Marketing Guide to Variable Annuities' 'Variable Life Essentials' 'Property & casualty insurance agent' -- subject(s): Casualty Insurance, Property Insurance


What has the author Rawle O King written?

Rawle O King has written: 'The federal crime insurance program' -- subject- s -: Burglary Insurance, Insurance, Burglary 'Property-casualty insurance' -- subject- s -: Casualty Insurance, Insurance, Casualty, Insurance, Property, Property Insurance 'Automobile insurance crisis' -- subject- s -: Automobile Insurance, Costs, Insurance, Automobile 'Financial condition of life insurance companies' -- subject- s -: Bankruptcy, Finance, Insurance companies, Insurance, Life, Life Insurance


What is the difference between life insurance and whole life insurance?

The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.


What is the difference between accidental death life insurance and regular life insurance?

Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.


What are the types of insurance companies?

There are two types of insurance companies: life insurance companies and casualty and property insurance companies.


Difference between Reliance Life Insurance and LIC Which company is best In life insurance?

LIC


Is life insurance personal property?

Since life insurance policy is issued on individual life, it can be treated as personal property. However, in Keymen policy, where the premia is paid by the co. on his/her behalf,it will be the property of the co. till the policy matures and benefits paid by the insurance co. to the co. is reverted back to the keyman.


What is the difference between a life insurance producer and life insurance advisor in MA?

Life insurance producer can solicit and sell insurance. A life insurance advisor, cannot. An advisor can only give advice but not sell insurance.