to take out a life insurance

  • 1Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …

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  • 2life insurance — n. to take out life insurance on * * * [ laɪfɪnˌʃʊ(ə)rəns] to take out life insurance on …

    Combinatory dictionary

  • 3take sth out — UK US take sth out Phrasal Verb with take({{}}/teɪk/ verb [T] (took, taken) ► FINANCE, BANKING, MARKETING to arrange and pay for insurance, a loan, an advertisement, etc.: take out a loan/mortgage »He took out a $44,000 startup loan. »They… …

    Financial and business terms

  • 4Massachusetts Mutual Life Insurance Company — MassMutual Type Mutual company Industry Financial Services Founded Springfield, Massachusetts, USA (1851) Headquarters …

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  • 5Stranger Originated Life Insurance — (STOLI) is a life insurance arrangement, in which speculators, who have no relationship to a person, initiate a insurance policy against their life and fund the premium payments for investment purposes. [cite web… …

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  • 6Guarantee Security Life Insurance Company — Guarantee Security Life Insurance Company, or GSLIC, represented one of the most severe cases of insurance fraud in Florida history. According to the Florida Insurance Commissioner:: [GSLIC] was, almost from the beginning, a massive fraud, aided… …

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  • 7Northwestern National Life Insurance Co. v. Riggs — Supreme Court of the United States Argued October 18, 190 …

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  • 8Company Owned Life Insurance - COLI — A type of life insurance policy taken out by a company on the lives of employees whom the company considers to be of vital importance to its operations. Under this type of plan, the company in question pays the premium on the insurance but is… …

    Investment dictionary

  • 9insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …

    Universalium

  • 10Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …

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