Life Assured means the person named as the Life Assured in the Schedule whose life is assured under this Policy.
Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.
Life Insured means the person named in the Schedule, on whose life the Policy is effected;
Life Insurance Policy has the meaning given in Section 6.10.
Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.