A: I've just take out an insurance policy. Are you insured? B: yes, I am. I have life insurance and my home and its contents are also insured. A; I took out a life insurance policy and make my wife beneficiary. B: that's a good idea. You are a fireman and it can be a dangerous job. A: I need to make sure that my wife will be financially secure if I die. B; I can terminate my life insurance policy when I retire and use the money as a pension. A; that's one of the conditions of my policy too. It covers you if you die before you retire and when you retire. B; did you have to take a medical before you could take out the policy? B: yes, I did. It was one of the conditions of the insurance policy. The insurance company need to assess the risk.
