Definition of life policy in English:

life policy

Line breaks: life pol¦icy


A life insurance policy.
More example sentences
  • But the surrender value of a whole life policy is usually lower than that of an endowment policy for a similar amount.
  • This lets you convert your policy into a new life policy at the end of the term without the need to provide information on your state of health at the time.
  • He accepted that the employees received a payment in kind in the form of the life policy or policies with an enhanced value.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day animalcule
Pronunciation: ˌanɪˈmalkjuːl
a microscopic animal