life insurance

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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 ?
Britam Life Assurance Company and Pioneer Assurance Company beat nine other bidders for the lucrative tender to provide group life and last expense cover for the civil servants, police and prison staff for the financial year 2017-18.
Laguna Life is the life assurance operation of Enstar Group Ltd.
A life assurance policy/mortgage protection that has been written in trust is outwith the deceased's estate and if the property is passed to the next generation still encumbered by the mortgage, which is subsequently repaid using the proceeds of the life assurance/mortgage protection policy, the debt would not have been repaid out of the estate and therefore is not deductible for the purpose of valuing the deceased's estate.
Country: ThailandSector: InsuranceTarget: Thanachart Life Assurance Company Ltd Buyer: Prudential Life Assurance (Thailand) Public Company Limited, Prudential plcVendor: Thanachart Bank Public Company LimitedDeal size in USD: 572.
The partnership is to offer customers of Prudential Life Assurance a 24-hour/7days-a-week cash bill payment service through more than 6,000 stores in Thailand.
The corresponding market share for Skandia Liv in traditional life assurance was 21.
Countrywide Assured Group hopes that it will now attract property investors who had run scared from the life assurance side of the business, while Chesnara will attract investors with no interest in property.
QA FRIEND of ours has recently died and his widow has to sell the family home because my friend had no life assurance.
In return for a regular premium or one-off payment, Life Assurance policies pay out a lump sum or an income on the death of the person named in the policy.
Life assurance for smokers is naturally more expensive as they are deemed twice as likely to develop a fatal cancer.
More than a third of people are put off buying life assurance because they see it as complicated or difficult to arrange.