What does life-insurance mean?
Definitions for life-insurance
life-in·sur·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word life-insurance.
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Wikipedia
life-insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental medical procedure or by taking medication resulting in injury or death. Modern life insurance bears some similarity to the asset-management industry, and life insurers have diversified their product offerings into retirement products such as annuities.
Numerology
Chaldean Numerology
The numerical value of life-insurance in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of life-insurance in Pythagorean Numerology is: 1
Examples of life-insurance in a Sentence
We recommend accident more than life insurance, especially if you don't have a family.
I detest life-insurance agents; they always argue that I shall some day die, which is not so.
I detest life-insurance agents: they always argue that I shall some day die, which is not so.
Personal equipment, weapons and munitions are the life insurance of our soldiers.
The clear fact is, the current ownership and control structure of Samsung Group, which goes from Vice Chairman Jay Y. Lee to Samsung C&T to Samsung Life Insurance to Samsung Electronics, is not sustainable.
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"life-insurance." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/life-insurance>.
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