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- Life_insurance abstract "Life insurance (or commonly life assurance, especially in the Commonwealth) is a contract between an insured (insurance policy holder) and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the "benefits") in exchange for a premium, upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. The policy holder typically pays a premium, either regularly or as a lump sum. Other expenses (such as funeral expenses) are also sometimes included in the benefits.Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.Life-based contracts tend to fall into two major categories: Protection policies – designed to provide a benefit in the event of specified event, typically a lump sum payment. A common form of this design is term insurance. Investment policies – where the main objective is to facilitate the growth of capital by regular or single premiums. Common forms (in the US) are whole life, universal life, and variable life policies.↑".
- Life_insurance thumbnail Amicable_Society_for_a_Perpetual_Assurance_Office,_Serjeants'_Inn,_Fleet_Street,_London,_1801.jpg?width=300.
- Life_insurance wikiPageExternalLink ?article=murphy.life.insurance.us.
- Life_insurance wikiPageExternalLink lifeinsurance.
- Life_insurance wikiPageID "383367".
- Life_insurance wikiPageRevisionID "606321257".
- Life_insurance hasPhotoCollection Life_insurance.
- Life_insurance subject Category:Life_insurance.
- Life_insurance comment "Life insurance (or commonly life assurance, especially in the Commonwealth) is a contract between an insured (insurance policy holder) and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the "benefits") in exchange for a premium, upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment.".
- Life_insurance label "Assurance-vie".
- Life_insurance label "Lebensversicherung".
- Life_insurance label "Levensverzekering".
- Life_insurance label "Life insurance".
- Life_insurance label "Ubezpieczenie na życie".
- Life_insurance label "Страхование жизни".
- Life_insurance label "تأمين على الحياة".
- Life_insurance label "人壽保險".
- Life_insurance label "生命保険".
- Life_insurance sameAs Životní_pojištění.
- Life_insurance sameAs Lebensversicherung.
- Life_insurance sameAs Assurance-vie.
- Life_insurance sameAs Asuransi_jiwa.
- Life_insurance sameAs 生命保険.
- Life_insurance sameAs 생명보험.
- Life_insurance sameAs Levensverzekering.
- Life_insurance sameAs Ubezpieczenie_na_życie.
- Life_insurance sameAs m.021wy4.
- Life_insurance sameAs Q626608.
- Life_insurance sameAs Q626608.
- Life_insurance wasDerivedFrom Life_insurance?oldid=606321257.
- Life_insurance depiction Amicable_Society_for_a_Perpetual_Assurance_Office,_Serjeants'_Inn,_Fleet_Street,_London,_1801.jpg.
- Life_insurance isPrimaryTopicOf Life_insurance.