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2. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

3. Insurance policy - Wikipedia

   en.wikipedia.org/wiki/Insurance_policy

   In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.

4. Insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Insurance_in_the_United_States

   Insurance, generally, is a contract in which the insurer agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, property or life) from certain perils or risks in exchange for a fee (the insurance premium). [2]

5. What is a life insurance premium and how does it work? - AOL

   www.aol.com/finance/life-insurance-premium-does...

   An intriguing aspect of life insurance, especially within whole life policies, is the concept of limited-pay life insurance. This variation allows for a more accelerated premium payment schedule ...

6. What does life insurance cover? - AOL

   www.aol.com/finance/does-life-insurance-cover...

   Life insurance is a type of insurance policy designed to provide a death benefit — a sum of money — to your selected beneficiaries after your death. The primary function of life insurance is ...

7. Lloyd's of London - Wikipedia

   en.wikipedia.org/wiki/Lloyd's_of_London

   The business underwritten at Lloyd's is predominantly general insurance and reinsurance, with a small amount of term life insurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee-house on Tower Street c. 1689, making it one of the oldest insurance companies in the world.