Okay and we are starting here. On this blog you will find out how to spare some cash and not loose all of it. Sounds fair aint it?? Many good reasources.
Some policies also pay out in the case of critical illness. It islife insurance contract designed, to pay a lump sum after a specified term (on its 'maturity') or on earlier death. Typical maturities are ten, fifteen or twenty years up, to a certain age limit.