Noun
insurance paid to named beneficiaries when the insured person dies
Source: WordNetMy early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking. Douglass North
"Value added" is a meaningless concept for a retail business, for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing. Peter Drucker
The life insurance industry is filled with good people who believe in their work and their companies, but who may never have challenged the assumptions underlying their efforts. Andrew Tobias
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America. Andrew Tobias
Life insurance is a commodity. Andrew Tobias
Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals. Andrew Tobias