Insurance

Life Insurance

What is life insurance?

 

It is that which is payable on the death of a person or on his surviving a specified period, or otherwise contingently on the continuance of cessation of life (Sec. 180). It is a mutual agreement by which a party agrees to pay a given sum on the happening of a particular event contingent on the duration of human life, in consideration of the payment of a smaller sum immediately, or in periodical payments by the other party.


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Musikatorni is a musical project by Atty. Ranny Randolf B. Libayan, known for its original song compositions that blend insightful lyrics with captivating melodies.
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