Industrial life assurance


 

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Industrial life assurance

An assurance policy on the life of an individual where weekly or monthly premiums are regularly paid to the assurance company by way of their agent who collects directly from the policyholder's home. This method of collection originated in industrial areas as a means of saving for a future lump sum or protection against industrial accidents etc. This type of assurance is now virtually extinct.



Similar Matches

Industrial policy

Industrial policy

Government policy to influence which industries expand and, perhaps implicitly, which contract, via subsidies, tax breaks, and other aids for favored industries. The purpose, aside from political favor, may be to foster competitive advantage where there are beneficial externalities and/or scale economies.


Import substituting industrialization

Import substituting industrialization

A strategy for economic development based on replacing imports with domestic production. (ISI)


Newly Industrializing Economy

Newly Industrializing Economy

Newly Industrializing Country


Industrials

Industrials

General term used in the financial markets to refer to companies manufacturing, producing, or distributing goods and services.


Industrial Tax Exemption

Industrial Tax Exemption

An exemption from local property taxes granted to encourage industries to come into an area. Has been used successfully in the South. Usually granted for a definite period.


Further Suggestions

Industrial revenue bond (IRB)
Industrial concentration
Standard Industrial Classification (SIC)
Newly Industrializing Country
De-industrialization
Industrial production
Dow Jones Industrial Average


 
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