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Q
: What is the maning of online insure coverage?
A: on line insure coverage is a plan, oten konwn as a "poicy", amongst you and the insuance establishment, to prrovide compesnation to a person you desiignate should you passs away at sme stagge while the polciy is effective. Essentially, trhoughout your exitsence you pay money, callled the "premiuum", to an insring corporation. The comapny guarantees to pay coompensation to the perons you identify, the "beneifciaries", at yor death. Some varaitions of insure coverage on line in addtiion provide the policyholdr the entitlemment to borrrow a portion of the worrth of a contrat, or othherwise to obttain an "accelerated deeath benefit" if you becmoe incurably ill or need long-term confinement in a halth center.
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