Life insurance is insurance on human lives. The transaction of life insurance includes also the granting of endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance.
Structure Delaware Code
Chapter 9. KINDS OF INSURANCE; LIMITS OF RISK; REINSURANCE
Subchapter I. Kinds of Insurance
§ 901. Definitions not mutually exclusive.
§ 902. “Life insurance” defined.
§ 903. “Health insurance” defined.
§ 904. “Property insurance” defined.
§ 905. “Surety insurance” defined.
§ 906. “Casualty insurance” defined.
§ 907. Marine and transportation, “wet marine” insurance defined.