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By (user no longer on site) OP
over a year ago
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With all the 'death' threads on here at the moment here's another one..
For something that *might* happen you are sold insurance, but for something that *will* happen you are sold assurance.
I've been looking at our finances and seeing whether the life policies we have in place are up to date and I've only just realised the difference between insurance and assurance. It is assured you are going to die, hence the term 'life assurance', although a policy that runs for a fixed length of time could be called 'life insurance' as there is no assurance you will die within that timeframe.
They got all the bases covered, don't they???  |
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