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When that happens, the insurer does not have to make a payout.
Decisions about when to retire and whether to take benefits monthly or in a single check are difficult, forcing people to consider when they will die and whether they are skilled enough investors to make a payout last.
Startups and banks are also exploring a concept known as "smart contracts," in which updates to a blockchain can add simple computer programs for example, to automatically make a payout when a particular transaction occurs.
If he was found to be innocent why would his employers make a payout?
Thus far, I've never had to make a payout.
Last-minute sales saved the game, as attendance at the 1983 game climbed to 40,000 and a new television contract allowed the bowl to make a payout of $580,000 to each team.
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He said Hi Tech made a payout that left Himeles with about $70,000 after some medical bills and legal fees had also been covered.
When Kilimo Salama made a payout of $309 two years ago in Embu, near Mount Kenya, the 100 farmers who had gathered in a field were incredulous when their mobile phones started ringing as their electronic payments came through.
That makes a payout ratio of 132%.
If he doesn't make those apologies, how much sympathy should he get?" Walsh's newspaper is suing to recover up to £1m after it made a payout to Armstrong to settle a libel claim.
On Monday, MtGox had suggested that this technique could be used to fool its systems into repeatedly making a payout because it would seem that it had not occurred.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com