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  2. Corporate-owned life insurance - Wikipedia

    en.wikipedia.org/wiki/Corporate-owned_life_insurance

    Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or directly to the employee's families. Other names for the practice include janitor's insurance and dead peasants insurance .

  3. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, ...

  4. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  5. Stranger-originated life insurance - Wikipedia

    en.wikipedia.org/wiki/Stranger-originated_life...

    Stranger-originated life insurance ("STOLI") generally means any act, practice, or arrangement, at or prior to policy issuance, to initiate or facilitate the issuance of a life insurance policy for the intended benefit of a person who, at the time of policy origination, does not have an insurable interest in the life of the insured under the laws of the applicable state. [1]

  6. Can you take a life insurance policy out on anyone?

    www.aol.com/finance/life-insurance-policy-anyone...

    Is life insurance affordable? Whether life insurance is an affordable option for you depends on a number of factors. The types and levels of coverage you purchase, for example, will play a role in ...

  7. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]

  8. Aflac - Wikipedia

    en.wikipedia.org/wiki/Aflac

    Aflac Incorporated / ˈ æ f l æ k / (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States. [3] It was founded in 1955 and is based in Columbus, Georgia .

  9. Indexed universal life - Wikipedia

    en.wikipedia.org/wiki/Indexed_universal_life

    Indexed life usually provides a floor of 0%, but offers higher upside interest crediting based on the performance of an outside stock index such as the S&P 500 Index. Indexed life insurance is a moderately conservative interest-sensitive life insurance product.

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