What Does Life Insurance Contract Mean?

Free Business Insurance Quote Click Here
What does Life Insurance Contract mean? Read on to discover the definition & meaning of the term Life Insurance Contract - to help you better understand the language used in insurance policies.

Life Insurance Contract

Life Insurance Contract

A life insurance contract is a legally binding agreement in which one party (generally, a life insurance company) agrees to pay a certain sum of money to beneficiaries of the other party (generally, the policyholder) upon that party's death, or after they reach a specific age.

We hope the you have a better understanding of the meaning of Life Insurance Contract.

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


Free Business Insurance Quote Click Here