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whole life insurance

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Insurance that provides death protection for the insured's entire lifetime.

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Noun

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

ordinary life insurance, straight life insurance

life assurance, life insurance - insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance"

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ordinary life insurance

straight life insurance

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