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Glossary > C > "Contingent assurance" Definition

Contingent assurance

Life assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured.

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Contingent assurance - Life assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured.

Contingent assurance : life assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. for example the policy may specify the prior death of the spouse of the life assured.