|

straight life insurance

DEFINITIONS OF: straight life insurance

1

n 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

Synonyms:
ordinary life insurance, whole life insurance
Type of:
life assurance, life insurance
insurance paid to named beneficiaries when the insured person dies
WORD FAMILY
USAGE EXAMPLES