Paragraph match score 80.2%
Page A-634
Key Takeaways
An insurer provides life cover, while the insured is the person whose life is protected under the policy. Life insurance is a legal contract requiring full disclosure of health and lifestyle details from both parties.
Page A-635
Key Takeaways
An insurer provides the coverage, while the insured is supposed to be the person or entity that is covered under the policy. Insurance refers to a legally binding contract that requires a full disclosure from both parties.