Whois & Analysis for brighthousefinancial.com

Life insurance (or life assurance, especially in the Commonwealth of Nations), is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

Depending on the contract, other events such as terminal illness or critical illness can also trigger payment.

The policy holder typically pays a premium, either regularly or as one lump sum.

Other expenses (such as funeral expenses) can also be included in the benefits.

An annuity is a series of payments made at equal intervals.

Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.

Annuities can be classified by the frequency of payment dates.

The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time.

In the United States, an annuity is a contractually executed, relatively low-risk investment product, where the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract.

That money is to be paid back to the insured in fixed, incremental amounts, over some future period (predetermined by the insured).

The insurer invests the premium; the resulting profit/return on investment funds the payments received by the insured and compensate the insurer.

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date — whichever occurs first.

Caversham Finance Limited, trading as BrightHouse, is the largest rent-to-own company in the United Kingdom, with over 270 stores.

BrightHouse is a trading name of Caversham Finance Limited which is owned by private equity firm Vision Capital.

A security is a tradable financial asset.

The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction.

In some jurisdictions the term specifically excludes financial instruments other than equities and fixed income instruments.

In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g. equity warrants.

In some countries and/or languages the term "security" is commonly used in day-to-day parlance to mean any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition.