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| Definitions by InvestorWords.com |
| What is...? |
| life insurance Insurance to be paid to a beneficiary when the insured dies. see also accelerated benefits, accidental death benefit, adjustable life insurance, key person insurance, Chartered Life Underwriter, combination plans, credit life insurance, decreasing term life, second-to-die insurance, endowment insurance, financial needs approach, incontestability clause, mortgage life insurance, permanent life insurance, single-premium life insurance, stock life insurance company, universal life, whole life, variable life, viatical settlement. |
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