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Life insurance   /laɪf ɪnʃˈʊrəns/   Listen
Life insurance

noun
1.
Insurance paid to named beneficiaries when the insured person dies.  Synonym: life assurance.



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"Life insurance" Quotes from Famous Books



... companies, specially created to secure the public against some of the calamitous consequences of death. In 1706, the Amicable Life Assurance Office—usually, though, as the reader has seen, incorrectly, termed the First Life Insurance Office—was established in imitation of the Mercers' Office. Two years later, the Second Society of Assurance, for the support of widows and orphans, was opened in Dublin, which, like the Amicable, introduced ...
— Old and New London - Volume I • Walter Thornbury

... aspect, suffers severely from any division by arbitrary geographical lines. But all large inter-state corporations are more or less in the same situation. Corporations such as the Standard Oil Company and some of the large New York life insurance companies are confronted by the alternative either of going out of business in certain states, or of submitting to restrictions which would compromise the efficiency of their whole business policy. Doubtless they have not exhausted the evasive and dilatory methods which have served ...
— The Promise Of American Life • Herbert David Croly

... at Starkweather and is plainly perplexed.) The man who handles all the life insurance funds, who controls more strings of banks and trust companies than all the Rothschilds a hundred times over—the merger of iron and steel and coal and shipping and all the other things—the man who blocks your child labor bill and all the rest of the remedial legislation ...
— Theft - A Play In Four Acts • Jack London

... head, for his lucubrations were received with favour. That entitled 'How to Live Cheerfully on Forty Pounds a Year', created a sensation among the unemployed. 'Education: Its Aims, Objects, Purposes, and Desirability', gained him the respect of the shallow-minded. As for his celebrated essay on 'Life Insurance Regarded in its Relation to the Masses', read before the Working Men's Mutual Improvement Society, Isle of Dogs, it was received with a 'literal ovation' by an unintelligent audience of both sexes, and so marked was ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

... present German Finance Minister, who is a banker by training, intends that the monopolies to be created shall be effected, not by the unaided resources of the State, but by its co-operation with the interested business men and banks. On this basis he is working at monopolies of cigarettes, life insurance and electric power. This complex arrangement is facilitated by the machinery of the banks and their peculiar activity. And here we touch upon one of the main sources whence German organization after the war will draw its ...
— England and Germany • Emile Joseph Dillon


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