Synonyms for tontine insurance |

Synonyms and antonyms for tontine insurance

1. insurance (n.)

promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company


2. insurance (n.)

written contract or certificate of insurance


3. tontine (n.)

an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant


4. tontine (n.)

a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members


5. insurance (n.)

protection against future loss


6. self-insurance (n.)

insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy