Life Insurance is an important financial tool to secure your loved ones from life's uncertainty. It helps minimize financial loss occurring from unforeseen events. You can now choose from a wide range of life insurance plans through Magma Deal as per your requirement. Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.