life insurance policy

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    What is a life insurance policy? What are its advantages and disadvantages over other types of insurance plans?

    A life insurance policy is a contract between you and an insurer where you pay premiums, and in return, your family gets financial support in case of your passing. Advantages over other insurance plans: ✅ Provides financial security for your loved ones ✅ Tax benefits under Section 80C & 10(10D)...
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