life assurance

life assurance

Noun

insurance that provides for a sum of money to be paid to the insured person at a certain age or to the spouse or children on the death of the insured Also called: (life insurance)

Thesaurus

Noun

1.

life assurance - insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance" life insurance insurance - 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 endowment 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 tontine, tontine insurance - a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members ordinary life insurance, straight life insurance, whole 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

Translations

life assurance n (BRIT) → seguro de vida