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Life insurance (Life Assurance in British English) is a type of insurance. As in all insurance, the insured transfers a risk to the insurer. The insured pays a premium and receives a policy in exchange. The risk assumed by the insurer is the risk of death of the insured.
   
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Articles Contents

1. How Life Insurance Works
2. Insurance vs. Assurance
3. Types of life insurance
4. Taxation of life insurance in the United States
5. Taxation of life assurance in the Uk
6. Related life insurance products
7. History
8. Criticism

 
   
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Arizona Life insurance issued by Farmers New World Life Insurance Company, Mercer Island, WA 98040
 
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