Difference Between Life & Non-Life Insurance : Life Insurance

Hi, this is Walter Pardo. You can visit us at WFPtaxpartners.com. We're going to talk today about the difference between life insurance and non-life insurance. And the basic premise is exactly one is for death. You use one for death. Life insurance is a policy that will pay your beneficiaries a cash benefit upon your death. There's other insurances like car insurance. You have other types of insurance that are funeral, long-term care insurance. And these are for things that happen while you're alive, all right? These are things that cover your, while you're alive. So those are the two main distinct, the differences between them is one is death and one is alive. For any more information, you can contact me at Walter at WalterPardo.com. Thank you.