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Definitions and Synonyms of life insurance | Another word for life insurance | What is life insurance?

Definition 1: insurance paid to named beneficiaries when the insured person dies - [noun denoting possession]

Samples where life insurance or its synonyms are used according to this definition

  • in England they call life insurance life assurance

Synonyms for life insurance in the sense of this definition

(life insurance is a kind of ...) promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company

(... is a kind of life insurance ) life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured

(... is a kind of life insurance ) a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members

(... is a kind of life insurance ) 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

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