Insurance is a transfer of losses from one party to another in exchange of payments. The main purpose of this article is to explore the association between life insurance and policyholder. For this purpose, survey conducted through questioners and find out the opinion of policyholders. Variables like insurance is an instrument for sheltering of dependent, life insurance is a source of covering risk, life insurance is attractive and beneficiary risk coverage for an employee have been analyzed. T-test is used and result indicates that life insurance provides shelter and benefit to policyholders and in case of death to their dependent.
