Is personal and life insurance permissible in an Islamic Sharia-compliant insurance company?

Commercial insurance of all kinds is forbidden, with the exception of cooperative insurance based on donation and mutual assistance, not profit, which is permissible. As for life insurance, if it is with a commercial company, it is forbidden and invalid, because it is worse than other forms of insurance by relying on the insurance company instead of relying on Allah for the provision of sustenance, which puts a person's faith at risk.