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md asked in Business & FinanceInsurance · 4 years ago

what is Life insurance on the life??

2 Answers

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  • Anonymous
    4 years ago

    I think it's through an employer. The employee gets the benefit of life insurance policy to get it to the closest family member or beneficiary(Anyone the employee picks to be beneficiary and it's only paid to them).

    It's up the person or persons that receive it after the death of insured to do with it what they want or feel why it's given to them. Be it pay debt, their bills because they where dependant on the person at the time, etc.

  • 4 years ago

    Well, you aren't going to buy life insurance on the dead.

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