The Purpose of Life Insurance

The Purpose of Life Asuransi are : 
1. For Public or Social 
Life insurance can provide certain benefits to the individual or public, that is :
a. Reassure families (husband / father), in the sense of giving income security, education, if the husband or father died.
b. By purchasing a life insurance policy can be used for saving money.
c. As a source of income (earning power)
This earns we see nations which has gone forward, someone who is " key" intracorporate will be insured by the company work.
For example, an atomic or nuclear will be insured, when the death or illness, the company is obliged to pay compensation.
d. Another purpose of life insurance is to ensure treatment and warrants to the offspring if the insured can not afford to educate their children (scholarship / education)
2. For Government 
It can be concluded here that the insurance company is a financial institution that provides financing facilities to be used in the economic development of the country.
Contribution to the economic development of the insurance institutions are: 
a. As a means of capital formation
b. Savings institutions