Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 years ago
Yes. Life insurance agreement is a valid and binding both the insurance company and the policy holder according our great scholars as one of the applications of the conditional gift الهبة المشروطة.
Wassalam.