What is Life Insurance ?

In life insurance underwritten is which caused by death. The death of a person resulting in loss of income or a particular family.
Risks that may arise in the life insurance mainly lies in element of time, therefore, it is difficult to know when someone dies. To minimize the risk, life insurance should be held.
What is a life insurance?
Definition of life insurance is insurance that aims to bear the financial losses due to unexpected death or life too fast for too long.
Here illustrated that in life insurance, risks are: 
1. The risk of death.
2. One's life for too long.
This is, of course, will bring a lot of aspects, if the risks inherent in a person not insured by life insurance companies.
For example pawn for descendant, a father that died prematurely or with a sudden, the chlid will not be unemployed in life his.
Could also happen to a person who has reached old age and not being able to earn a living or pay for their children, then buy life insurance, the risk that may be suffered in terms of lost opportunities to earn a living will be covered by insurance companies.