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life settlement

noun

the sale of an existing life insurance policy to a third party for more than its cash surrender value but less than its net death benefit; the sale one's life insurance policy to investor who pay the premium until the seller dies

Examples

Life settlement providers must be licensed in the state where the policy owner resides.

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Examples from the Web for life drawing
Historical Examples
  • I like to share in the dumb delights of birds and animals, to feel my life drawing its sap from roots deep in the soil of Nature.

    More Trivia Logan Pearsall Smith
  • Nay; sorrow was swallowed up in the life drawing nigh to restore every good and lovely thing a hundredfold!

    Lilith George MacDonald
  • It is life drawing nigh to life, person to person, the human to human, that conquers death.

    Weighed and Wanting George MacDonald

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Word Value for life

7
8
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Nearby words for life drawing