{"id":855,"date":"2022-05-24T08:34:40","date_gmt":"2022-05-24T08:34:40","guid":{"rendered":"http:\/\/kbinsurance.in\/?page_id=855"},"modified":"2022-05-24T11:47:05","modified_gmt":"2022-05-24T11:47:05","slug":"life-insurance","status":"publish","type":"page","link":"https:\/\/kbinsurance.in\/?page_id=855","title":{"rendered":"Life Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"855\" class=\"elementor elementor-855\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e99129 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e99129\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4416359\" data-id=\"4416359\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-754968b elementor-widget elementor-widget-heading\" data-id=\"754968b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Life Insurance<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e7c95d elementor-widget elementor-widget-heading\" data-id=\"8e7c95d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Protect your legacy with life insurance<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e7d839 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e7d839\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dff9b26\" data-id=\"dff9b26\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5bae2c elementor-widget elementor-widget-text-editor\" data-id=\"e5bae2c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><b>Life insurance<\/b>\u00a0(or\u00a0<b>life assurance<\/b>, especially in the\u00a0<a title=\"Commonwealth of Nations\" href=\"https:\/\/en.wikipedia.org\/wiki\/Commonwealth_of_Nations\">Commonwealth of Nations<\/a>) is a\u00a0<a title=\"Contract\" href=\"https:\/\/en.wikipedia.org\/wiki\/Contract\">contract<\/a>\u00a0between an\u00a0<a title=\"Insurance policy\" href=\"https:\/\/en.wikipedia.org\/wiki\/Insurance_policy\">insurance policy<\/a>\u00a0holder and an\u00a0<a title=\"Insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Insurance\">insurer or assurer<\/a>, where the insurer promises to pay a designated\u00a0<a title=\"Beneficiary\" href=\"https:\/\/en.wikipedia.org\/wiki\/Beneficiary\">beneficiary<\/a>\u00a0a sum of money upon the\u00a0<a title=\"Death\" href=\"https:\/\/en.wikipedia.org\/wiki\/Death\">death<\/a>\u00a0of an insured person (often the policy holder). Depending on the contract, other events such as\u00a0<a title=\"Terminal illness\" href=\"https:\/\/en.wikipedia.org\/wiki\/Terminal_illness\">terminal illness<\/a>\u00a0or\u00a0<a class=\"mw-redirect\" title=\"Critical illness\" href=\"https:\/\/en.wikipedia.org\/wiki\/Critical_illness\">critical illness<\/a>\u00a0can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses.<\/p><p>Life policies are\u00a0<a class=\"mw-redirect\" title=\"Legal contract\" href=\"https:\/\/en.wikipedia.org\/wiki\/Legal_contract\">legal contracts<\/a>\u00a0and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to\u00a0<a title=\"Suicide\" href=\"https:\/\/en.wikipedia.org\/wiki\/Suicide\">suicide<\/a>, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example: the insured knowingly incurred a risk by consenting to an experimental medical procedure or by taking medication resulting in injury or death.<\/p><p>Modern life insurance bears some similarity to the\u00a0<a title=\"Asset management\" href=\"https:\/\/en.wikipedia.org\/wiki\/Asset_management\">asset-management<\/a> industry,\u00a0<sup id=\"cite_ref-:0_1-0\" class=\"reference\"><\/sup>and life insurers have diversified their product offerings into retirement products such as\u00a0<a title=\"Annuity (American)\" href=\"https:\/\/en.wikipedia.org\/wiki\/Annuity_(American)\">annuities<\/a>.<sup id=\"cite_ref-2\" class=\"reference\"><\/sup><\/p><p>Life-based contracts tend to fall into two major categories:<\/p><ul><li>Protection policies: designed to provide a benefit, typically a lump-sum payment, in the event of a specified occurrence. A common form\u2014more common in years past of a protection-policy design is\u00a0<a title=\"Term life insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Term_life_insurance\">term insurance<\/a>.<\/li><li><a title=\"Investment\" href=\"https:\/\/en.wikipedia.org\/wiki\/Investment\">Investment<\/a>\u00a0policies: the main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms (in the\u00a0<a title=\"United States\" href=\"https:\/\/en.wikipedia.org\/wiki\/United_States\">United States<\/a>) are\u00a0<a title=\"Whole life insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Whole_life_insurance\">whole life<\/a>,\u00a0<a title=\"Universal life insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Universal_life_insurance\">universal life<\/a>, and\u00a0<a title=\"Variable universal life insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Variable_universal_life_insurance\">variable life<\/a>\u00a0policies.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f8ad88f elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f8ad88f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19076a4\" data-id=\"19076a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7a63e8 elementor-widget elementor-widget-heading\" data-id=\"a7a63e8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Free Estimation<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75947b9 elementor-widget elementor-widget-heading\" data-id=\"75947b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Quote For life insurance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-029fbda elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"029fbda\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"http:\/\/kbinsurance.in\/?page_id=16\" class=\"elementor-button-link elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get A Quote<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Life Insurance Protect your legacy with life insurance Life insurance\u00a0(or\u00a0life assurance, especially in the\u00a0Commonwealth of Nations) is a\u00a0contract\u00a0between an\u00a0insurance policy\u00a0holder and an\u00a0insurer or assurer, where the insurer promises to pay a designated\u00a0beneficiary\u00a0a sum of money upon the\u00a0death\u00a0of an insured person (often the policy holder). Depending on the contract, other events such as\u00a0terminal illness\u00a0or\u00a0critical illness\u00a0can also &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/kbinsurance.in\/?page_id=855\"> <span class=\"screen-reader-text\">Life Insurance<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-855","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=855"}],"version-history":[{"count":7,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/855\/revisions"}],"predecessor-version":[{"id":904,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/855\/revisions\/904"}],"wp:attachment":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}