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 ?
But Doug Head, executive director of the Life insurance Settlement Association, said his organization opposes what he called "stranger-initiated" life insurance.
Life insurance products, which like regular life insurance provide tax-free money for beneficiaries upon a policyholder's death, are increasingly included in investors' financial portfolios.
74 Southern Farm Bureau Life Insurance 479,022 469,222
The most common obstacle encountered when coordinating life insurance in an estate plan is determining whether the premium payments fit within the Crummey powers in the irrevocable mist.
Term Life Insurance--Term insurance is life insurance coverage that pays a death benefit only if the insured dies within a specified time period.
The growth in the secondary market for life insurance policies has soared over the last decade.
Before the 1986 Tax Reform Act, minimum-deposit (leveraged) life insurance had been used as a way to fund the increasingly popular Supplemental Executive Retirement Plan (SERP).
4 Metropolitan Life Insurance Co 4,117,055 4,138,533
Equitable Life Insurance Company of Iowa, Des Moines, Iowa, merged into Golden American Life Insurance Co.
The arrangements involve an employer's establishment of a plan and deduction of plan contributions used to purchase specially designed life insurance contracts for highly compensated employees (HCEs).
As part of that plan, she recommended that the Bufords increase their life insurance coverage to two policies worth $2.

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