Life insurance: at some point in our lives many of us will ask ourselves whether or not we need life insurance. This financial instrument allows us to protect loved ones when we're gone and provides a means to finance our objectives--from education to retirement--while we are alive. It can be a major investment, so we strongly recommend that you learn the basics before speaking to an insurance company....

Extract

---

Life insurance: at some point in our lives many of us will ask ourselves whether or not we need life insurance. This financial instrument allows us to protect loved ones when we're gone and provides a means to finance our objectives--from education to retirement--while we are alive. It can be a major investment, so we strongly recommend that you learn the basics before speaking to an insurance company....

A term life insurance policy in Switzerland provides coverage for a specific time period and is generally purchased for a longer period of time: for example, years or even decades. Your insurer will pay out a specified lump sum to the named person or entity in the event that you die before the policy expiration date.

This payout is usually subject t...

See the full content of this document

---