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What Is the Difference Between Life Insurance and Life Assurance?

paper cutout of family

When exploring options for financial protection, the terms “life insurance” and “life assurance” may come up. They essentially mean the same thing: financial cover for loved ones in the event of the policyholder’s death.  What is Life Assurance? The term “life assurance” is an old term for a whole-of-life policy, which means cover that lasts […]