life assurance

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life assurance

insurance

a contractual arrangement under which, in return for a stipulated premium, a life assurance company undertakes to pay, on the death of the life assured or on the occurrence of such other events as maybe agreed, a specified sum of money.

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The PPARB further ordered the contract to be awarded to one of the losers - UAP Life Assurance - whose bid of Sh797,623,500 was the lowest, but which was not considered.

CIC sues to stop Sh836m police cover award to UAP

has acquired Ireland-based life assurance business Laguna Life DAC, to strengthen position in European market, the company said.

Monument Re Acquires Life Assurance Business of Ireland's Enstar

In coming articles we'll be looking at how life assurance interacts with critical illness cover and income protection, and how you should decide which type of cover is best for you so if you have any questions on any of this drop me a line at moneydoctor@dailyrecord.

Do I need to have life cover? Financial worries or just looking for better value for money? Consumer champion Fergus Muirhead can help

However, a friend has told me that, due to a change in legislation, if I use the proceeds of the life assurance to repay the mortgage then that mortgage debt cannot be deducted from the value of my brother's estate and, thus, I face the prospect of having to pay a significant inheritance tax bill?

YOUR MONEY; Your money queries are answered by Trevor Clark, director of Rutherford Wilkinson Ltd, Chartered Financial Planners

The buyer, acting via its unit Prudential Life Assurance (Thailand) Public Company Limited, signed an agreement on the deal in November last year, as part of an exclusive 15-year partnership with Thanachart Bank to jointly expand their bank insurance operations in Thailand.

Prudential wraps up buy of Thanachart Bank's life insurance unit

The bank has entered into a partnership with Prudential Life Assurance (Thailand) and Counter Service Co Ltd, to launch a new bill payment service.

HSBC to partner with Prudential Life Assurance

Skandia's market share in the life assurance market on a moving 12-month basis was estimated to be 19.

Skandia's market share up in Q2 2005

The company which owns 825 estate agents across the UK said that demerging its life assurance group would have no effect on customers.

FSA approves demerger

I don't know where to start looking for life assurance

Maurice Howse'S COLUMN family finance

There are over 100 companies selling life assurance, all with different products, costs, charges, conditions and investment performance, so finding the right company and policy is not easy.

Shop around for the best life assurance policy

Life assurance is usually bought to protect the income of the main bread- winner, so that should the worst happen the family do not lose that money coming in.

Finance: Mum is worth pounds 40,000 a year

But more than one in three families in Britain still don't have life assurance and 31 per cent don't have any idea how much their partner is covered for.