life insurance trust
A trust consisting of one or more life-insurance policies payable to the trust when the insured dies. [Cases: Trusts 37. C.J.S. Trover and Conversion § 60.]
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life-insurance trust
life insurance trust
life insurance trust (信托法)人寿保险信托 受托人拥有人寿保险单的全部或者部分权益，并在被保险人死亡时支付的一种信托。
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