The evolution of life insurance contract and numerous forms and manifestations was him (1) insurance for the event of death who requires the insurance company to pay certain amount of money to the beneficiary set by the insured for his life when editing the policyholder, and have to pay this amount upon the death of repository (student insurance) never (called insurance age), or when he died during a certain period if the old long for this period is not worth the beneficiary the amount of insurance does not recover repository what payment of premiums (temporary insurance), or when he died before the beneficiary is called if the beneficiary dies before the insured does not deserve his heirs something does not recover premiums repository (called secure survival, the survival of any beneficiary). These three pictures for insurance for the event of death, and all trustee shall pay a certain premium to the insurance company as long as the beneficiary is or alive.
(2) the case of life insurance, the survival of any repository (student insurance) alive. This type of insurance requires the insurance company to pay a certain amount to the lessee at a certain time in the future if he survived when this term solutions in exchange for a premium or premiums paid, if the insured dies before the term was not worth anything, not inherited. The fork for this type of insurance, which was accepted on the condition of death so-called collective insurance or insurance for employees and be head of the institution as a feature to attract workers, and they do not deserve the amount of insurance only when the accident insurer of it as long as they are in their jobs at that institution.
(3) Mixed insurance, which is, which combines insurance benefits for the case of life insurance for the event of death, Vtltzm insurance company to pay a certain amount or a certain salary to the beneficiary, who was appointed insurance student if he dies the latter during a certain period, it remained alive after that period earned the amount agreed Insurance it.
(4) Insurance is without life, a diversified insurance midst of injuries and illnesses, damages and liability (any responsibility repository infringement or error which requires compensation to third parties, which is called secured debt). In this type of insurance companies will be obliged to compensate the insured or the beneficiary, according to the purpose it insured versus premiums paid by the insured in his life.