A plan that pays a beneficiary upon the death of the insured Please see our basics page to learn more about the different types of life insurance policies
An agreement that guarantees the payment of a stated amount of monetary benefits upon the death of the insured
Insurance that pays a stipulated sum to a designated beneficiary upon the death of the insured Protects the insured's beneficiary against the financial consequences of the insured's premature death
A contract agreement between the certificate holder and the insurance company, providing a specified sum to beneficiaries upon the death of the insured
Gifts of life insurance allow donors to make sizeable gifts to the Foundation at a relatively low cost To make such a gift, you would name the Indiana University Foundation irrevocable beneficiary of a life insurance policy, then deliver and assign ownership of the policy to the Foundation When you pay the annual premium, you will be entitled to deduct the amount of the premium, if you itemize Gifts of life insurance policies may offer estate planning possibilities You may designate the Foundation as the primary, secondary, remainder, or residual beneficiary of a policy There are a variety of policy options available You will want to discuss your plans with the Foundation's Planned Giving staff and/or an insurance adviser
Insurance that provides protection against the economic loss caused by the death of the person insured
Insurance that guarantees a specific sum of money to a designated beneficiary upon the death of the insured
Insurance that pays a specified sum of money to designated beneficiaries if the insured person dies during the policy term
protection against the death of the insured in the form of payment to a designated beneficiary, typically a family member or business
An insurance policy that pays a monetary benefit to the insured person's survivors after death
Life insurance is a form of insurance in which a person makes regular payments to an insurance company, in return for a sum of money to be paid to them after a period of time, or to their family if they die. I have also taken out a life insurance policy on him just in case. = life assurance. 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. a type of insurance that someone makes regular payments into so that when they die their family will receive money = life assurance. Method by which large groups of individuals equalize the burden of financial loss from death by distributing funds to the beneficiaries of those who die. Life insurance is most developed in wealthy countries, where it has become a major channel of saving and investing. There are three basic types of life-insurance contract. Term insurance is issued for a specified number of years; protection expires at the end of the period and there is no cash value remaining. Whole-life contracts run for the whole of the insured's life and also accumulate a cash value, which is paid when the contract matures or is surrendered; the cash value is less than the policy's face value. Endowment contracts run for a specified time period and pay their full face value at the end of the period
A life insurance policy will probably only pay out following your death Some policies have a death and investment content If the death benefits are written under trust, they are not included in your estate for Inheritance Tax purposes
Risk insurance intended as protection against the financial consequences of the death of the insured person which takes the form of payment of a previously agreed lump sum or pension to a beneficiary, if the insured person dies during the term of insurance In the case of pure life insurance, without any endowment insurance component, no payments are due if the insured person survives the term of insurance
insurance in which a certain sum is paid to family members upon the death of the insured (or to the insured after a certain age)
Insurance coverage that pays out a set amount of money to specified beneficiaries upon the death of the individual who is insured
Insurance providing payment of a specified sum of money to a beneficiary when the insured dies
A legal contract between an insurance company and an owner/insured to provide protection against adverse financial consequences of the death of an individual in the form of payment to a beneficiary
A type of insurance that pays a benefit if the person who is insured by the contract dies while the insurance is in force
A contract whereby, for a stipulated premium, the insuring company agrees to pay the insured, or his beneficiary, a fixed sum or its equivalent in income, upon the happening of death or some other specified event
insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance"