Definition of life insurance in English:
Insurance that pays out a sum of money either on the death of the insured person or after a set period.
- Grown-ups with small dependents, mortgages and life insurance policies should definitely have a will.
- Shopping around also applies to people who already have life insurance policies.
- I now have full life insurance and critical illness insurance, based on a sum of £110,000.
Definition of life insurance in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan