LIFE INSURANCE
A coverage that will substitute the insured’s income in the event the insured passed away. The named beneficiary receives the proceeds of the insurance and will be safeguarded from the financial impact of the insured’s death. Policyholders purchase insurance coverage from an insurance company and pay periodic amounts or premium for the duration of the insurance. There are four major types of life insurance policies: term life insurance, whole life insurance, endowment life policy, and annuity. Also called life assurance.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
| 10:00 | CPI | Dec | |
| 16:45 | Chicago Purchasing Managers Index | Dec | |
| 17:00 | Pending Home Sales | Nov | |
| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
