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- Non-life insurance: the insurance is to ensure that the risk has stabilized properties (relatively) over time and often independent of human life (so-called non-life insurance). This type of insurance contracts are short-term (one year);
- Life insurance: the insurance is to ensure that the nature of risk changes (markedly) over time and objects, often linked associated with human life (so called life insurance). These contracts are typically long term (10 years, 20 years, lifetime ...).
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