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Team life insurance policy (additionally understood as wholesale life insurance or institutional life insurance policy) is term insurance covering a group of individuals, normally employees of a company, members of a union or association, or participants of a pension plan or superannuation fund. There is additionally the choice to buy life insurance policy for partners, cohabitants, as well as dependents as specified by the insurer.

Funeral Insurance For Seniors

Weldon, 267 Ala. In a minimum of one case, an insurance provider which offered a policy to a purchaser with no insurable interest (who later killed the CQV for the earnings), was located accountable in court for adding to the wrongful death of the target (Liberty National Life v. The insured is an individual in the contract, but not always an event to it.