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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- 25 Jul 2018, 20:56
- Forum: Interviews and facts
- Topic: Difference between Assurance and Insurance
- Replies: 4
- Views: 1719
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...