Life insurance is a type of insurance that provides financial security to the insured's beneficiaries in the event of the insured's death. The insurer in a life insurance policy is the entity that provides the coverage and is responsible for paying out the benefits to the beneficiaries upon the insured’s death.

Typically, life insurance policies are sold by insurance companies or agents who work for these companies. The insurer is responsible for assessing the risk of insuring the individual and determining the premium amount the insured must pay to maintain coverage.

In addition to issuing policies and collecting premiums, insurers also invest the premiums they receive to generate returns that can help cover the cost of claims and operating expenses. The insurer's ability to accurately assess risk, price policies appropriately, and effectively manage investments is critical to their financial stability and ability to fulfill their obligations to policyholders.

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