ORDINARY LIFE INSURANCE

Pronunciation (US):

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 Dictionary entry overview: What does ordinary life insurance mean? 

• ORDINARY LIFE INSURANCE (noun)
  The noun ORDINARY LIFE INSURANCE has 1 sense:

1. insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured

  Familiarity information: ORDINARY LIFE INSURANCE used as a noun is very rare.

 Dictionary entry details 

• ORDINARY LIFE INSURANCE (noun)

Sense 1

Meaning:

Insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

ordinary life insurance; straight life insurance; whole life insurance

Hypernyms ("ordinary life insurance" is a kind of...):

life assurance; life insurance (insurance paid to named beneficiaries when the insured person dies)