life insurance


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Related to life insurance: whole life insurance, Term life insurance

life insurance:

see insuranceinsurance
or assurance,
device for indemnifying or guaranteeing an individual against loss. Reimbursement is made from a fund to which many individuals exposed to the same risk have contributed certain specified amounts, called premiums.
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References in periodicals archive ?
It acts as a traditional independent financial platform, selling mutual funds, annuities, variable life insurance, financial planning, stocks and bonds.
Consumers shouldn't buy life insurance if they can't commit to paying the premiums for 15 years or more, adds Eaton.
By comparison, if H and W, or their LLC, owned the building, they would receive all the rent, pay income tax on it, pay the life insurance premiums (subject to the gift tax limit stated above) and keep the excess, which would be included in their estates to the extent not spent.
Clients should also consider selling an unneeded life insurance policy when they can use the proceeds to:
Morishita suggests consumers purchase life insurance equal to seven times their annual salary in case their family needs the money to pay for regular expenses like food, clothing, mortgage or rent payments.
Formerly, he served on the board of directors of the American Council of Life Insurance; the Health Insurance Association of America; the Life Insurance Council of New York; the Anglers Club of New York; and Thomas J.
TRA 86 also contains provisions to curb the systematic borrowing from life insurance policies to pay premiums, the cornerstone of leveraged life.
The Equitable Life Assurance Society of the United States, New York, changed its name to Axa Equitable Life Insurance Co.
The plan permits HCEs to purchase those life insurance contracts at CSV before the distribution of retirement benefits.
First, you'll have to decide how much life insurance you need to buy.
40, Applicability of Generally Accepted Accounting Principles to Mutual Life Insurance
Following four years as a life insurance agent and, then, five years as an agency manager in San Jose, California with Occidental Life Insurance Company of California, Mr.