Search found 2 matches

by Simran
26 Jul 2018, 14:19
Forum: Actuarial Discussions
Topic: AWP and UWP
Replies: 1
Views: 323


Difference between AWP and UWP contracts?
I know the basic concepts of both but I want to know which is better and under which terms.

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by Simran
25 Jul 2018, 20:56
Forum: Interviews and facts
Topic: Difference between Assurance and Insurance
Replies: 4
Views: 946

Re: Difference between Assurance and Insurance

Assurance is basically when some payment will be surely given because risk will happen for sure..for eg in whole life death will surely happen so this is case of assurance. Term is not an assurance because if a person didn't die within a specific period, payment will not be made.therefore,it's an in...

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