tontine insurance   (TTS Sound)

The tontine_insurance has 1 Senses.

• tontine insurance, tontine
• a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
• 生命保険の一形態で、参加者の死亡ないしは契約不履行が起きた場合はその者の受け取り分は残りの会員に寄与される