What is the definition of Life Insurance Company?

A life insurance company is like a financial buffet for your loved ones after you're gone - they collect your hard-earned cash, slice it into pieces (policy premiums), and then serve it up to your family and friends in the form of death benefits. Now, here's an edgy example: "After my late-night stand with a questionable online casino, I decided to throw my life insurance company on the table - because what's a good night out without a side of potential future financial anxiety?"