Contributed by Joel Santos on Oct 12, 2004
                    
                
                    
            
            
            
            
            
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                    What is the difference between the insurance and assurance companies. In insurance companies, an insured person can only receive his benefit whenever major injuries happened to him or upon his death. While in assurance companies, the insured person can en
                
                    
                        Introduction:
What is the difference between the insurance and assurance companies. In insurance companies, an insured person can only receive his benefit whenever major injuries happened to him or upon his death.
While in assurance companies, the insured person can enjoy his benefit even if he is
                        
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