life insurance

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life insurance

n.
Insurance that guarantees a specific sum of money to a designated beneficiary upon the death of the insured or to the insured if he or she lives beyond a certain age.

life insurance

n
(Insurance) another name for life assurance

life′ insur`ance


n.
insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.life insurance - insurance paid to named beneficiaries when the insured person dieslife insurance - insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance"
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
endowment insurance - life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
tontine, tontine insurance - a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
ordinary life insurance, straight life insurance, whole life insurance - insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
Translations
životní pojištění
livsforsikring
henkivakuutus
životno osiguranje
生命保険
생명보험
livförsäkring
การประกันชีวิต
bảo hiểm nhân thọ

life insurance

n life assurance (Brit) nassicurazione f sulla vita

life insurance

تَأْمِيْـنٌ عَلَىَ الْـحَيَاْةِ životní pojištění livsforsikring Lebensversicherung ασφάλεια ζωής seguro de vida henkivakuutus assurance vie životno osiguranje assicurazione sulla vita 生命保険 생명보험 levensverzekering livsforsikring ubezpieczenie na życie seguro de vida страхование жизни livförsäkring การประกันชีวิต yaşam sigortası bảo hiểm nhân thọ 人寿保险

life insurance

n. seguro, póliza de seguro; Mex. A. aseguranza.
References in periodicals archive ?
A life insurer spends around INR150 per policy on its maintenance in traditional/paper format.
Even today, reinsurers still talk about a "pandemic similar to the Spanish flu pandemic" as an example of the kind of health catastrophe that a life insurer or health insurer must be prepared to handle.
For this purpose, the directive requires the life insurer to submit a post-registration implementation certificate to the regulator before commencement of sales of a registered product, it said and added that such a certificate was required to be signed by the appointed actuary of a life insurer.
Investing in digital technologies and developing tailored digital marketing plans is a core distribution strategy that is--or should be--top of mind for every major life insurer.
Global Banking News-March 18, 2011--Siam Commercial Bank bids for 5.3% stake in life insurer unit(C)2011 ENPublishing - http://www.enpublishing.co.uk
Summary: Nippon Life to invesNippon Life Insurance Co, Japan's largest private-sector life insurer, plans to buy a 26 percent stake in Reliance Life Insurance for about 60 billion yen ($723 million), a source with knowledge of the matter said.
Nippon Life Insurance Co., Japan's top life insurer in terms of revenue, said its revenue for the April-September period fell 5.1 percent to 2.4 trillion yen.
Banks and Life insurance: Despite the 1999 passage of legislation that removed the barriers to bank and life insurer affiliations, the sale of life insurance products through banks in 2003 represented only 4.6 percent of total premiums written, according the American Bankers Insurance Association.
Nippon Life Insurance, Japan's biggest life insurer, will be required to pay back a total of 1.62 billion yen in some 27,000 cases, or 60,000 yen per case.
Return guarantees account for a major share of life insurer liabilities in Austria, Denmark, France, Germany, the Netherlands and Sweden as well as in the United States, the economists say.
The near-term impact on interest rates and financial market volatility exacerbates an already challenging operating environment for US life insurers, although Fitch doesn't anticipate immediate implications for US life insurer ratings.

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