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

Dictionary Entries Near 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 28 Nov. 2023.

Legal Definition

whole life insurance

see life insurance

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