Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
tontine insurance | Yes | No | No | No |
life assurance | Yes | No | No | No |
tontine insurance (noun) | life assurance (noun) |
---|---|
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members | insurance paid to named beneficiaries when the insured person dies |