Why Do Companies Offer Life Insurance? 
Life insurance companies is one of the oldest types of insurance polices . Itis a product that can protect a loved one or company from a sudden death of an important person whose skills of earning an income or value to a business for financial devastation . Statistically speaking it can also be one of the most profitable insurance plans to an insurance company if they manage their risk very well . From a consumer stand point it is the only type of life insurance policy that is guaranteed to pay a claim , as we are all guaranteed to die someday . 