- policyowner
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Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
policyowner
Look at other dictionaries:
policyowner — /pol euh see oh neuhr/, n. policyholder. [POLICY2 + OWNER] * * * … Universalium
policyowner — /pol euh see oh neuhr/, n. policyholder. [POLICY2 + OWNER] … Useful english dictionary
Life settlement — A life settlement is a financial transaction in which a life insurance policy owner possessing an unneeded or unwanted life insurance policy sells the policy (at fair market value) to a third party for more than the cash surrender value offered… … Wikipedia
Cash value — The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing life carrier upon cancellation of the contract. This term is normally used with a life… … Wikipedia
endowment insurance — n: life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy s term (as 20 years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endowment insurance … Law dictionary
policyholder — pol·i·cy·hold·er / pä lə sē ˌhōl dər/ n: the owner of an insurance policy – called also policyowner; compare subject Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
proof — The effect of evidence; the establishment of a fact by evidence. New England Newspaper Pub. Co. v. Bonner, C.C.A.Mass., 77 F.2d 915, 916. Any fact or circumstance which leads the mind to the affirmative or negative of any proposition. The… … Black's law dictionary
