what is meant by this term you used just now?
A contract between an insurance policy holder and an insurer or assurer.
Life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). 
president of the south in the civil war Jefferson Finis Davis where is he from? Fairview, Kentucky. when did he become president? 1861 was he into military? Yes, he was assigned to the 1st Infantry Regiment. was he a part of any war? Yes, Mexican–American War. was he a writer? Yes, his early working title became "Our Cause," for he believed he could convert others to the rightness of the Confederacy's actions. where was he buried after death? Richmond, Virginia, at Hollywood Cemetery. did this first place witness any fight? UNANSWERABLE which large companies are part of it? ; CarMax; Owens & Minor and Genworth Financial. who owns the last company? UNANSWERABLE which products or services does it provides? Life insurance
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Life insurance [SEP] Introduction
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits. Life policies are legal contracts and the terms of the contract describe the limitations of the insured events.