e/Life insurance trust

Information
has gloss	eng: A life insurance trust is an irrevocable, non-amendable trust which is both the owner and beneficiary of one or more life insurance policies. Upon the death of the insured, the Trustee invests the insurance proceeds and administers the trust for one or more beneficiaries. If the trust owns insurance on the life of a married person, the non-insured spouse and children are often beneficiaries of the insurance trust. If the trust owns "second to die" or survivorship insurance which only pays when both spouses are deceased, only the children would be beneficiaries of the insurance trust.
lexicalization	eng: life insurance trust
instance of	(noun) insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance" life assurance, life insurance

Meaning
Chinese
has gloss	zho: 保險金信託是結合保險與信託的金融商品，以保險金為信託財產，由保險受益人和信託機構(通常是銀行)簽訂保險金信託契約，當被保險人身故且理賠金進入信託時，信託機構(受託人)依信託契約的約定管理、運用，並依照信託契約之約定，將信託財產(包括收益)分配給受益人，並於信託期間終止時，交付剩餘資產給付予信託受益人。
lexicalization	zho: 保險金信託