Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Life Insurance

The act or system of insuring against death, a contract by which the insurer undertakes, in consideration of the payment of a premium (usually at stated periods), to pay a stipulated sum in the event of the death of the insured or of a third person in whose life the insured has an interest.

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Course
Page Number
18 - Intermediate Sanctions
12
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Life Income with Period Certain Annuity

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Life Insured

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