life insurance

life insurance

n.

Insurance that guarantees a specific sum of money to a designated beneficiary upon the death of the insured or to the insured if he or she lives beyond a certain age.

Thesaurus

Noun

1.

life insurance - insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance" life assurance 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 insurance life n → assurance-vie f

life insurance life n → Lebensversicherung f

life insurance n → assicurazione f sulla vita