Definition

Life insurance policies

Life insurance policies is the contracts that promise cash payments beneficiaries when the death of a policyholder occurs.


Life insurance policies the contract between a life insurance company  and the entity buying the policy or policy holder.

Share it:  Cite

More from this Section

  • Shading
    Shading is a request to narrow, or close up, the spread or margin between foreign currency ...
  • Agency problem
    Agency problem means generally the contradiction of the owners goals with the management ...
  • Indexed bond
    Indexed bond is a bond whose interest and principal payments are adjusted for changes ...
  • Theory of Comparative Advantage
    The theory of comparative advantage provides a basis for explaining and justifying international ...
  • Arm’s-length price
    Arm’s-length price refers to the price at which a willing buyer and a willing unrelated ...