Definition of life office in English:

life office

Line breaks: life of¦fice

noun

An office or company dealing in life insurance.
More example sentences
  • First, the life office's investments may not perform as well as expected, causing a fall in bonus rates, which could result in a lower return than anticipated.
  • The sum which forms the structured element is used by the casualty insurer [the insurer behind the defendant responsible for the injury] to purchase an annuity from a life office in the name of the plaintiff.
  • A strong life office has more scope for having a high proportion invested in quality shares.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day anomalous
Pronunciation: əˈnämələs
adjective
deviating from what is standard, normal, or expected