Also in this case the starting point lies in the re-reading of Article 1882 Civil Code, that in so far as it defines the life insurance claims that:
"Insurance is a contract by which the insurer, towards the payment of a premium is obligated to pay .... a capital or an annuity upon the occurrence of an event relating to human life "
For events relating to human life are death and life itself, or survival.
They identify the areas in which his divided life insurance:
- The insurance in case of death
- Insurance in case of survival
These two sectors intersect between them have given rise to more insurance products, which may be complicated but also are its simplicity of understanding in these two elements always present.