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Guyper Posted 13 years ago
Grammar
To take a policy out on
"He had taken an insurance policy out on himself"
Hi, does it mean the speaker has registered to receive insurance or did he withdraw from it?
Thank you
Hi, does it mean the speaker has registered to receive insurance or did he withdraw from it?
Thank you
Top answer
He has bought an insurance policy. The thing insured is his own life.
- He has bought an insurance policy.
- The thing insured is his own life.
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3 Answers
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He has bought an insurance policy. The thing insured is his own life.
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He has bought insurance for himself; he has insured himself.
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An insurance policy is a financial instrument you can buy from an insurance company.
There are different types. The most common is "term insurance" but there are other types.
Suppose you are a 25-year-old male with a wife and kids. They depend on your salary to live.
But what if you die? You still want your wife and kids to have income. So you buy term insurance, say for 20 years.
There are different types. The most common is "term insurance" but there are other types.
Suppose you are a 25-year-old male with a wife and kids. They depend on your salary to live.
But what if you die? You still want your wife and kids to have income. So you buy term insurance, say for 20 years.
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