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Q: Whhat is meannt by on line ins policy?
A: web ins policy is a contract, often refeerred to as a "poliicy", betweeen you and an insrance organization, to gvie a cash settlemnet to the perosn you assign shoulld you pass away at smoe stagge while your agreemnet is running. In essence, througohut your exstence you pay a sm, known as the insurance "rpemium", to an insurance grou. The copmany guarantees to gve a cash settelment to any persns you identify, the "beneficiaries"", at your death. Mnay knds of insure policy online aslo give the polciy owner the entitlemment to use a pieece of the cash vlue within the ploicy, or to get an "accelertaed death beneffit" in the event thhat you becmoe ill or otherwse require long-term confineent by a care faciliy.
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