Life insurance
volume
British pronunciation/lˈaɪf ɪnʃˈʊəɹəns/
American pronunciation/lˈaɪf ɪnʃˈʊɹəns/

Definition och Betydelse av "life insurance"

Life insurance
01

insurance paid to named beneficiaries when the insured person dies

example
Exempel
examples
Her life insurance policy matured, and she received the full benefit amount.
When buying life insurance, make sure to name a beneficiary who will receive the payout.
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