Insurance

What happens to the insurance contract if the policyholder or beneficiary dies?

According to the insurance contract and its rules, the insurance contract expires upon the death of the policyholder. Unless the beneficiary dies, if the insured or other person does not assume the obligation to pay further insurance premiums, part of the insurance disbursement, according to the written request of the policyholder approved by the insurance undertaking, will be allocated to the beneficiaries.

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