Noun: life insurance lIf in'shû-run(t)s
Usage: N. Amer (elsewhere: life assurance)
Usage: N. Amer (elsewhere: life assurance)
- Insurance paid to named beneficiaries when the insured person dies
"He took out a life insurance policy to ensure his family would be financially secure after his death";
- life assurance [Brit, Cdn]
Derived forms: life insurances
Type of: insurance
Encyclopedia: Life insurance