life insurance

Definitions

  • WordNet 3.6
    • n life insurance insurance paid to named beneficiaries when the insured person dies "in England they call life insurance life assurance"
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Webster's Revised Unabridged Dictionary
  • Interesting fact: Stanley Kubrick approached Lloyd's of London about an insurance policy in case extraterrestrial life was discovered before the release of his movie 2001: A Space Odyssey.
    • Life insurance See under Life.
    • 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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Quotations

  • William Londen
    William Londen
    “To insure good health: Eat lightly, breathe deeply, live moderately, cultivate cheerfulness, and maintain an interest in life.”
  • Ralph Nader
    Ralph Nader
    “For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.”
  • Wes Smith
    Wes Smith
    “The chief beneficiary of life insurance policies for young, single people is the life insurance agent.”
  • Stephen B. Leacock
    Stephen%20B.%20Leacock
    “I detest life-insurance agents: they always argue that I shall some day die, which is not so.”

Usage

In literature:

The life insurance agent has hardly entered the door before he knows how this particular mind must be handled.
"Psychology and Social Sanity" by Hugo Münsterberg
Life insurance is a helpful form of investment for those who have dependents.
"The Canadian Girl at Work" by Marjory MacMurchy
Why not borrow on your life insurance this sum?
"Representative Plays by American Dramatists: 1856-1911: The Moth and the Flame" by Clyde Fitch
He carried a heavy life-insurance and permitted himself to spend most of the income from a good law practise.
"A Collection of Stories, Reviews and Essays" by Willa Cather
The bubble burst by the announcement of the failure of the Ohio Life Insurance and Trust Company, which reached St. Paul on Aug. 24, 1857.
"The History of Minnesota and Tales of the Frontier" by Charles E. Flandrau
These are the facts of general average, quite corresponding to those that form the bases for life insurance tables.
"Commentary Upon the Maya-Tzental Perez Codex" by William E. Gates
The ideal of the farm must be that of producing wealth so that the modest comforts of life may be insured.
"Church Cooperation in Community Life" by Paul L. Vogt
First let me ask, do you intend to confine your criticisms to the New York Life Insurance Company?
"Frenzied Finance" by Thomas W. Lawson
Later he was talking over the lobster law with Jim, and life-insurance with Lane.
"Jim Spurling, Fisherman" by Albert Walter Tolman
First life insurance, in London, 1772; in America, Philadelphia, 1812.
"One Thousand Secrets of Wise and Rich Men Revealed" by C. A. Bogardus
In New Hampshire a fairly successful Grange life insurance company exists.
"Chapters in Rural Progress" by Kenyon L. Butterfield
Any expression, however, which responds to the larger life gains a vitality which insures its continuance.
"Mother Earth, Vol. 1 No. 3, May 1906" by Various
My life's insured, so it was all right, though.
"From the Car Behind" by Eleanor M. Ingram
Then I shall take the precaution of insuring my life.
"A Modern Mercenary" by Kate Prichard and Hesketh Vernon Hesketh-Prichard
I believe her husband's life was insured for something, and they own their house.
"A Romantic Young Lady" by Robert Grant
Life, father connected with, 49, 55; A. insures in, 136.
"The Life and Work of Susan B. Anthony (Volume 2 of 2)" by Ida Husted Harper
Now, all that should remain to me is to insure the happiness of the life to which I have pledged my own.
"The International Monthly, Volume 5, No. 3, March, 1852" by Various
In life insurance affairs we have nothing remotely approaching it.
"The Galaxy, June 1877" by Various
Do you know how much life insurance I carry and where?
"The Case and Exceptions" by Frederick Trevor Hill
Each policy in a life insurance company provides for a life-long engagement on the part of the assured.
"The Galaxy, May, 1877" by Various
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In poetry:

Lord, let thy fall my rise obtain,
Thy grievous shame my glory gain;
Thy cross my lasting crown procure,
Thy death my endless life insure.
"The Believer's Soliloquy; Especially in Times of Desertion, Temptation, Affliction, &c." by Ralph Erskine
When asked if he’d anything to say
Why he shouldn’t be sentenced for life
He said, “I don’t care what becomes of me
But I’d like to insure the wife.”
"The Wedding That Never Was" by Billy Bennett
The Beaver's best course was, no doubt, to procure
A second-hand dagger-proof coat—
So the Baker advised it— and next, to insure
Its life in some Office of note:
"The Hunting Of The Snark " by Lewis Carroll
He lit a fifty-cent cigar and then his wife did say:
"Your life insurance it will lapse if it you do not pay."
He turned from her in sorrow, for breaking was his heart,
And in a mezzo barytone to her did say, in part:
"I Cannot Pay That Premium" by Franklin Pierce Adams
Beneath it all, the desire for oblivion runs:
Despite the artful tensions of the calendar,
The life insurance, the tabled fertility rites,
The costly aversion of the eyes away from death -
Beneath it all, the desire for oblivion runs.
"Wants" by Philip Larkin
Thus things were fix'd, for man and wife
T'insure their happiness through life.
Then who'd delay the joys that please,
When two young people love like these?
For Hymen's lamp, no doubt, will burn well;
They're full of love as nut of kernel.
"Reconciliation" by William Hutton

In news:

Insurer still plans to sell off life insurance branch.
Here 's a different look at life insurance.
Northwestern Mutual Life Insurance Co.
In 1975 she retired from Connecticut General Life Insurance Company.
The Board also imposed stringent servicing requirements for the nation's largest life insurance company, similar to those imposed earlier this year against the nation's five largest financial institutions.
Here's a different look at life insurance .
Unlike most people, I have a lot of life insurance .
OurWeekly > classifieds > saving-cash-your-life- insurance-policy -never-been-simpler.
Chuck Cox Fights Josh Powell's Siblings Over Life Insurance Policy .
When Life Insurance Is More Valuable as Cash.
Should you borrow money from a life insurance policy when you need a loan.
Suze Orman video explains whether you should you take a loan against your life insurance policy when you need extra cash.
Ensure company longevity with life insurance policies.
Life insurer settles with Pa. 5 other states over unpaid benefits.
The series, education, and outreach campaigns for MOYERS ON ADDICTION: CLOSE TO HOME are funded by The Robert Wood Johnson Foundation and Mutual of America Life Insurance Company.
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In science:

The Cox regression model for claims data in non-life insurance.
Product-limit estimators of the gap time distribution of a renewal process under different sampling patterns
Nevertheless, averaged over a large population, experts have constructed life tables, which entered into health and life insurance business and seem to work reasonably even though they assume humans as dying randomly.
Sociophysics Simulations
Then as now the central concerns were apparent conspiracies among fundamental parameters of physics and cosmology that appear necessary to insure the emergence of life.
Enlightenment, Knowledge, Ignorance, Temptation
Examples include swap contracts as well as various insurance contracts where premium payments are made throughout the life of the contract.
Convex duality in stochastic programming and mathematical finance
In the area of non-life insurance, a well established model for the cash reserve is the Cram´er-Lundberg model (also called the compound Poisson model or the classical risk model), which is based on Poisson claim-arrivals and linear premium income.
Optimal dividend control for a generalized risk model with investment incomes and debit interest
Half a millennium ago, insurance against loss of ships in the Mediterranean trade became possible, and life insurance relies on mortality and the Gompertz law of 1825 that the adult probability to die within the next year (better: next month ) increases exponentially with age.
A Biased Review of Sociophysics
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