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

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Dictionary Entries Near whole life insurance

whole-life

whole life insurance

wholely

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Cite this Entry

“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 16 May. 2022.

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More Definitions for whole life insurance

whole life insurance

Legal Definition of whole life insurance

— see life insurance

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