(redirected from life insurance)
Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to life insurance: whole life insurance, Term life insurance


Coverage against financial loss, such as from illness or injury, procured by contract from a company or agency that provides such protection.
[Fr., fr. enseurer, to make certain, fr. L. securus, safe, free from care]


Vox populi A contractual relationship when one party–an insurance company or underwriter, in consideration of a fixed sum–a premium, agrees to pay on behalf another–an insured, or policyholder for covered losses, up to the limits purchased, caused by designated contingencies listed in the policy. See Adoption insurance, Cancer insurance, Catastrophic health insurance, Co-insurance, Comprehensive major medical insurance, Disability insurance, Group insurance, Hospitalization insurance, Indemnity insurance, Major medical insurance, Medical expense insurance, Medicare supplement insurance, National health insurance, Nationalized health insurance, Noncancellable insurance, Personal insurance, Reinsurance, Self-insurance, Workers compensation insurance.


A contractual arrangement whereby one party agrees to indemnify the other against financial or other specified loss during a stated period in the future.


Coverage against financial loss procured by contract from a company that provides such protection.


animals may be insured for loss of production, or for loss of life. Before insured animals are euthanatized or submitted to surgery or a course of medical treatment it is important that the insurer be consulted to ensure that the contract is not breached and that his or her equity in the asset is not put at unnecessary risk.

Patient discussion about insurance

Q. what is public health insurance

A. Public health insurance programs in the U.S. provide the primary source of health expenses coverage for most seniors and for low-income children and families who meet certain eligibility requirements. The primary public programs are Medicare, a federal social insurance program for seniors and certain disabled individuals and Medicaid, funded jointly by the federal government and states but administered at the state level, which covers certain very low income children and their families. In 2006, there were 47 million people in the United States (16% of the population) who were without health insurance for at least part of that year.

Q. I need help getting health insurance is it expensive?

A. I am currently looking for insurance too. Do have you applied for public health insurance?


A. Yes, it'll you cost you money, and not a negligible sum, but that's not necessarily means it'll be expensive - the alternative may eventually be much more expensive. We can never know what will happen tomorrow- if something will happen to you or your family (e.g. car accident, cancer or even relatively simple thing as appendicitis), the cost of the unavoidable medical treatment in this case will be much higher than the insurance premium.

Here ( you can find an official governmental guide to choosing health insurance.

More discussions about insurance
References in periodicals archive ?
Consumers shouldn't buy life insurance if they can't commit to paying the premiums for 15 years or more, adds Eaton.
By comparison, if H and W, or their LLC, owned the building, they would receive all the rent, pay income tax on it, pay the life insurance premiums (subject to the gift tax limit stated above) and keep the excess, which would be included in their estates to the extent not spent.
Clients should also consider selling an unneeded life insurance policy when they can use the proceeds to:
TRA 86 also contains provisions to curb the systematic borrowing from life insurance policies to pay premiums, the cornerstone of leveraged life.
24 American General Life Insurance Co 1,035,999 1,120,706
The Equitable Life Assurance Society of the United States, New York, changed its name to Axa Equitable Life Insurance Co.
The plan permits HCEs to purchase those life insurance contracts at CSV before the distribution of retirement benefits.
McClendon, 33, who heads the Pentecostal Church of the Harvest in Los Angeles, bought life insurance, he wanted to protect his ministry as well as his wife, three children and other family members.
AICPA SOP 95-1 provides accounting guidance for participating insurance contracts of mutual life insurance enterprises with the following characteristics:
38 First Sunamerica Life Insurance Co 1,013,130 528,826

Full browser ?