A contract between the policy owner and the insurer, whereby the policy owner pays an agreed upon amount (the premium) at a specified time interval and the insurer agrees to pay a designated beneficiary a sum of money upon the insured individual’s death (or some other event specified in the contract, such as terminal illness or critical illness).
Life Insurance

Jayne is a partner at the law firm Sykora & Santini. Prior to law school, Jayne began her professional career as a marketing professional for American Republic Insurance Company in Des Moines, Iowa. View all posts by Jayne Sykora