personal insurance

noun

Definition of personal insurance

1 : insurance of human life values against the risks of death, injury, illness or against expenses incidental to the latter
2 : insurance purchased for personal or family protection purposes as contrasted with insurance of business property or interests

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Cite this Entry

“Personal insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20insurance. Accessed 23 Jun. 2021.

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