Definitions for "Life Assurance"
Keywords:  assured, endowment, die, lump, sum
An assurance policy that pays a sum of money if you die during the term of the policy and may also include a savings element.   back
This pays out a lump sum when the policyholder dies and is advised to protect large commitments, such as a house mortgage.
Insurance cover against injury or death.
Keywords:  cap, commitment, loan
Lifetime cap Loan commitment