whole life insurance

noun

Definition of whole life insurance

: 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

Learn More about whole life insurance

Statistics for whole life insurance

Cite this Entry

“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 17 Jan. 2021.

Keep scrolling for more

More Definitions for whole life insurance

whole life insurance

Legal Definition of whole life insurance

see life insurance

Comments on whole life insurance

What made you want to look up whole life insurance? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Words of Snow and Ice Quiz

  • image1037863653
  • Which of the following refers to thin, bending ice, or to the act of running over such ice?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Typeshift

Anagram puzzles meet word search.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!