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life insurance

noun

  1. insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age.


life insurance

noun

  1. another name for life assurance
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of life insurance1

First recorded in 1800–10
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Example Sentences

Founded in late 2020, Dayforward is currently licensed to sell life insurance in Texas with plans to expand nationwide over the next two years, with availability in new states every few months.

From Digiday

No other material has the ability to reflect body heat so efficiently, and because life insurance never came at such a minimum weight and low price, the space blanket rapidly became a staple in nearly every outdoorsman’s pack.

JaMarcus, like all dialysis patients, didn’t qualify for a traditional life insurance policy, and Gail didn’t have a job.

“You’d be surprised how hard it is to give away life insurance,” he said.

From Fortune

Current challenges include launching an all-risk insurance product for township businesses, working out how to add a life insurance component to existing offerings and securing the funding to fuel the rapid expansion that Kubheka dreams of.

From Ozy

One began this way: “I'm currently worth more dead (with my life insurance policy) than alive (with my student loan debt).”

This toll was particularly painful for the nascent life insurance industry.

It boasts extremely low cost ratios and offers low-cost financial products like life insurance.

According to a memo, the “full suite” of benefits also includes access to a discount card and spouse/partner life insurance.

Insurers have been doing this for centuries in underwriting health, auto, home and life insurance.

Some states have enacted statutes prescribing requirements for life insurance policies, or standard forms.

In mutual life insurance companies a portion of the premium is often paid in this manner.

Look here, Andrew Kelton, if you mention that life insurance to me again, I'll cut your acquaintance.

The Professor had been obliged to drop part of his life insurance and there was only two thousand in force when he died.

If some member of a family has a life insurance, a definite premium will have to be paid at definite times.

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