Life insurance

Life insurance

Industry: Insurance

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Life insurance

Medical Information Bureau (MIB)

Insurance; Life insurance

A data pool service that stores coded information on the health histories of people who have applied for life or health insurance with subscribing companies in the past. Most life insurance companies ...

group life insurance

Insurance; Life insurance

A form of life insurance covering a group of persons generally having some common interest, such as employees of the same company or members of the same union or association, etc.

burial insurance

Insurance; Life insurance

A general term usually referring to a small policy of life insurance ($5,000 to $25,000) intended only to met the final expense needs of the insured.

mutual life insurance company

Insurance; Life insurance

A life insurance company that has no capital stock or stockholders. It is owned by its policyowners, and is managed by a board of directors chosen by the policyowners. Any earnings in addition to ...

survivorship life insurance

Insurance; Life insurance

A life insurance contract which covers two lives and provides for the payment of the proceeds upon the death of the second insured. Also known as joint survivor life insurance or second to die life ...

second-to-die life insurance

Insurance; Life insurance

A life insurance contract which covers two lives and provides for the payment of the proceeds upon the death of the second insured. Also known as survivorship life insurance or joint survivor life ...

joint survivor life insurance

Insurance; Life insurance

A life insurance contract which covers two lives and provides for the payment of the proceeds upon the death of the second insured. Also known as survivorship life insurance or second to die life ...