Graveyard Insurance

What is Graveyard Insurance?

A definition of graveyard insurance is: A term applied to insurances fraudulently obtained (as, by false personation or other means) on the lives of infants, very aged persons, or those in the last stages of disease. More details on the Encyclopedia. Also occasionally applied to an insurance company which writes wager policies, takes extra-hazardous risks, or otherwise exceeds the limits of prudent and legitimate business.[1]

Resources

Notes

1. “Graveyard Insurance” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

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