| English Dictionary |
WHOLE LIFE INSURANCE
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Dictionary entry overview: What does whole life insurance mean?
• WHOLE LIFE INSURANCE (noun)
The noun WHOLE 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: WHOLE LIFE INSURANCE used as a noun is very rare.
Dictionary entry details
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 ("whole life insurance" is a kind of...):
life assurance; life insurance (insurance paid to named beneficiaries when the insured person dies)
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