life insurance policy
Definition
Contract between a life insurance company (the insurer) and the entity buying the policy (the insured or policy holder).
life insurance policy is in the General, Marine, & Life Insurance subject.
life insurance policy appears in the definitions of the following terms:
common disaster,
accelerated option,
assignment of insurance,
conditional premium receipt,
valued policy,
policy dividend,
assignment clause,
endowment mortgage,
indemnity principle,
accumulation option
and
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