whole life insurance
noun
: a type of life insurance that costs the same as long as the insured person is alive and that pays benefits to survivors when the person has died
Examples of whole life insurance in a Sentence
Recent Examples on the Web
Some families combat these pitfalls by turning to whole life insurance.
—
Nia Bowers, USA Today, 15 Aug. 2025
Amica Life Insurance Highlights Amica offers a level term life insurance and whole life insurance policies payable for 20 years or until ages 65 or 100.
—Liz Knueven, CNBC, 15 Aug. 2025
However, whole life insurance tends to be expensive; the average monthly premium for a $500,000 whole life policy is about $440, according to Policygenius.
—Kori Hale, Forbes, 14 Mar. 2025
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Nia Bowers, USA Today, 15 Aug. 2025
Amica Life Insurance Highlights Amica offers a level term life insurance and whole life insurance policies payable for 20 years or until ages 65 or 100.
—Liz Knueven, CNBC, 15 Aug. 2025
However, whole life insurance tends to be expensive; the average monthly premium for a $500,000 whole life policy is about $440, according to Policygenius.
—Kori Hale, Forbes, 14 Mar. 2025
Cite this Entry
“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 9 Sep. 2025.
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