Definitions for "Life insurance policy"
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 fundamental part of buy/sell agreements because the policy can provide immediate funds to the surviving partners to buy out the deceased or disabled partner
Limited payment policy Purchasingpower risk
Keywords:  peculiar, donor, asset, owned, type
an asset like any other owned by the donor
a peculiar type of asset
Keywords:  way, gift, easy, significant, equity
a good way to make a gift, which will provide significant results at a future date
a must, by the way, especially if you have a home loan to pay off
an easy, low cost way to leave an "estate" behind
Keywords:  valuable, important, document
an important and valuable document
an excellent solution to ensure that they can preserve the capital in their estate
a combination of protection and savings to meet your future needs
Keywords:  commitment, long, term
a long-term commitment
Keywords:  piece, property
a piece of property