MLchartDataset catalogue

Cestui que vie

Term · Insurance and risk management · MLC-T-INS-000738

The individual whose life is the measure for the duration of a life insurance or annuity policy. The policy pays out benefits upon the death of this person. The cestui que vie is the subject of the insurance but is not necessarily the policy owner or the beneficiary; for example, a corporation may own a key person policy on an executive, who is the cestui que vie.

Table 1. Record
IdentifierMLC-T-INS-000738
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-000738",
  "term": "Cestui que vie",
  "field": "Insurance and risk management",
  "definition": "The individual whose life is the measure for the duration of a life insurance or annuity policy. The policy pays out benefits upon the death of this person. The cestui que vie is the subject of the insurance but is not necessarily the policy owner or the beneficiary; for example, a corporation may own a key person policy on an executive, who is the cestui que vie.",
  "url": "https://mlchart.com/terminology/insurance/cestui-que-vie/"
}

Record 509 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.