|
|
Keywords:
Beneficiary,
Policyholder,
Bindingcontract,
Contract,
Unilateral
The contract that sets out the terms of life insurance coverage.
a binding contract between yourself and a life insurance company
a contract between an insurance company and a policy holder (insured) to pay out an agreed amount to the insured's beneficiaries (usually family) upon the death of the policy holder
a contract between the insured and the insurer whereby the insured agrees to pay benefits to a named beneficiary pursuant to the contract
a contract between the owner of the policy and the insurance company
a contract between the policyholder and the company
a contract between you (the policyowner-insured) and an insurance company (the insurer)
a contract whereby an insurer agrees to pay a designated recipient a specified sum of money on the occurrence of a certain event
a contract with an insurance company that specifically states who will be paid after your death
a legal and binding contract which directs the distribution of proceeds to designated beneficiaries
a legal contract between an insurance company and the owner
a legal contract between you and filing a car insurance claim filing a car insurance claim the life insurance company that outlines what coverage the insurance company will provide in return for your regular payments
a legally binding contract between an insurance company and the person
a legally bindingcontract between an insurance company and the person
a unilateral contract
a valued contract
A contract under which an insurance company agrees to pay money to a designated beneficiary upon the death of the policyholder. In exchange, the policyholder pays a regularly scheduled fee, known as the insurance premiums.
See life insurance.
A policy under which the insurance company promises to pay a benefit upon the death of the person who is insured.
|
