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insurance |
Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia | 0.03 sec. |
insuranceContract guaranteeing compensation to the payer of periodic premiums against loss (under stipulated conditions) by fire, death, accident, and the like. Various consumer policies also insure legal or health services, paying bills or portions thereof, within the contracted conditions. Insurance is a major component of business activity, covering potential loss of property, inventory, or goods in transit. During the Gulf War between Iran and Iraq 1987-88, it was the refusal of insurance companies to cover losses sustained by acts of war that dissuaded oil tankers from passing through the zone of hostilities. |
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| His wife became a supervising agent for the funeral insurance firm Homesteaders Life Company. In the United States, federal and state prosecutors and insurance commissioners say Frankel led a scheme to buy several preneed funeral insurance companies though Thunor Trust, Franklin American Corp. These include funeral planning, funeral insurance, and mortuary services, as well as weddings, educational and community programs, exhibits, workshops and baptisms. |
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Funeral insurance
