Definition of life insurance in English:

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life insurance

Pronunciation:

noun

[mass noun]
Insurance that pays out a sum of money either on the death of the insured person or after a set period: he has taken out life insurance [as modifier]: life insurance policies
More example sentences
  • 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.

Usage

There is a technical distinction between life insurance and life assurance: see assurance (usage).

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