L'life insurance is an insurance policy that guarantees the insured a certain amount of money when an event occurs. It is important to distinguish between death insurance and a life insurance policy because the latter pays out a capital sum at the end of the policy (if the policyholder dies before the end of the policy, nothing is due to the estate). What is commonly known as "life insurance" is the reimbursement of premiums paid during the term of the contract in the event that the policyholder is alive at the end of the contract, plus any technical interest provided for in the contract. It is also possible to surrender your policy before maturity. Life insurance also allows you to grow your money while pursuing a specific investment objective. long-term objective These include retirement, property investment, etc. It also offers significant tax advantages when it comes to inheritance. A life insurance policy must be taken out for a fixed term, which may or may not be renewable, depending on the policy.