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life insurance in force

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  • life insurance in force — The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid. Bloomberg Financial Dictionary …   Financial and business terms

  • Life insurance — Life Life (l[imac]f), n.; pl. {Lives} (l[imac]vz). [AS. l[imac]f; akin to D. lijf body, G. leib body, MHG. l[imac]p life, body, OHG. l[imac]b life, Icel. l[imac]f, life, body, Sw. lif, Dan. liv, and E. live, v. [root]119. See {Live}, and cf.… …   The Collaborative International Dictionary of English

  • life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… …   Universalium

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Massachusetts Mutual Life Insurance Company — MassMutual Type Mutual company Industry Financial Services Founded Springfield, Massachusetts, USA (1851) Headquarters …   Wikipedia

  • Metropolitan Life Insurance Company — Infobox Company company name = MetLife Inc. company company type = Public NYSE|MET slogan = Guarantees for the if in life/Have You Met Life Today? foundation = 1868 location = New York, NY key people = C. Robert Henrikson, Chairman of the Board,… …   Wikipedia

  • Union Labor Life Insurance Company — The Union Labor Life Insurance Company (ULLICO) is a privately held life and health insurance company in the United States. ULLICO was founded in 1925 by the American Federation of Labor (AFL), which wanted to offer working people affordable… …   Wikipedia

  • National Income Life Insurance Company — Type Subsidiary of Torchmark Corporation Industry Life insurance Founded 2000 Headquarters …   Wikipedia

  • Gerber Life Insurance Company — In 1967, the Gerber Life Insurance Company was formed as a subsidiary of Gerber Products Company. It is one of the top direct response marketing insurance companies and a leading producer of juvenile life insurance. Gerber Life Insurance Company… …   Wikipedia

  • Variable universal life insurance — (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to …   Wikipedia

  • Universal life insurance — Universal Life is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value. The cash value is credited each… …   Wikipedia

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