What are some contingencies in life insurance?

In life insurance, there are some contingencies. The persons who are engaged in mines or similar high risk jobs are always prone to eventualities. Further, persons doing outdoor jobs also fall under the same category. They are made to pay higher premiums for their professions for which life insurance cos. are to spare funds for contingencies

Uncertainty of death is inherent in human life. It is this uncertainty, that is risk, which gives rise to the necessity for some form of protection against the financial loss arising from death. Insurance substitutes this uncertainty by certainty.Life Insurance Cos. are to maintain Contingency Fund for such eventualities.