What to do when you get a raise?

Focus on life insurance

Life insurance is a contract between an insurance policy holder and an insurer or insurer, where the insurer agrees to pay a named beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. The policyholder usually pays a premium, either regularly or as a lump sum. Benefits may include other expenses, such as funeral expenses.

Limit of a life insurance contract

Life insurance policies are legal contracts and the terms of each contract describe the limits of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot and civil unrest. Difficulties can arise when an event is not clearly defined, for example: the insured knowingly took a risk by consenting to an experimental medical procedure or by taking medication resulting in injury or death.

Life insurance as an investment

Modern life insurance has some similarities to the asset management industry, and life insurers have diversified their product offering into retirement products such as annuities.

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Consultant clinical statistical programmer

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Christian Baghai

Christian Baghai

Consultant clinical statistical programmer