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life insurance

life insurance

91 3.0
A plan that pays money to your family or other people you choose when you die
  • noun
  • /laɪf ɪnˈʃʊərəns/
translation icon : seguro de vida
  • Before traveling abroad, he checked to see if his life insurance would cover accidents occurring overseas.
  • a life insurance policy
  • a life insurance company
  • term life insurance

And if I can't, I have that life insurance now.

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Examples

  • People buy home insurance and life insurance to protect themselves from catastrophic losses.

    Academic text (2005)
  • In addition, nearly all independent schools offer full benefits: medical, dental, vision, life insurance, and retirement savings.

    Academic text (2017)
  • Imagine this term life insurance you can get done right here, right now.

  • Your life insurance forms came for you to sign.

  • "When my mother died, I used the life insurance money as a down payment on some land.

    Fiction book (2000)
  • I'll give you my life insurance policy.

  • Luckily mom took out a life insurance policy on her, right before her accident.

  • OK, Policy genius makes finding the right life insurance a breeze.

  • After starting a family, many people realize the importance of having life insurance to secure their loved ones' financial future.

  • She updated her life insurance policy to ensure her children would be taken care of in the event of her passing.

Synonyms

assurance
vslife insurance
  • UK
8 4.5

A type of life insurance that pays money after your death

is the general term, not stressing certainty or regional use
term insurance
vslife insurance
  • Specialized
1 4.2

Insurance that pays money if you die during a set time, with fixed payments and no savings

is the concept of a death payout not restricted to a limited period
whole life insurance
vslife insurance
  • Specialized
1 3.9

A plan that pays a fixed amount when you die and has payments that stay the same for life

is more general and does not imply lifelong fixed premiums or guaranteed payout
life assurance
vslife insurance
  • UK
4.1

A plan that pays money to people you choose after you die

is the general term used for that coverage concept
ordinary life insurance
vslife insurance
  • Specialized
4.1

A plan that gives a fixed amount and has level yearly payments for life

is the broader term, not limited to fixed lifelong premium policies
straight life insurance
vslife insurance
  • Specialized
6.0

A life insurance plan with the same yearly payment you make that covers you for your whole life

is similar but the key also covers other policy types
survivors insurance
vslife insurance
  • Specialized
3.5

Money that helps a dead person's wife, husband, or children

is the general payout-on-death concept, not limited to survivor-specific support
endowment insurance
vslife insurance
  • Specialized
7.1

Life insurance that pays a set amount after a fixed time or to your family if you die earlier

is only paid to beneficiaries after death, not on survival maturity

Antonyms

nonlife
  • Specialized
6.6

Relating to insurance that protects homes, cars, or health

How Much

whole life insurance
  • Specialized
1 3.9
life insurance
91 3.0
ordinary life insurance
  • Specialized
4.1

Surface Forms

Morphology

life + insurance

This is a transparently compositional noun phrase: 'life' modifies 'insurance' to indicate insurance related to a person's life, i.e. a policy that pays out on death or provides life-related coverage. Many languages use the same construction (e.g. Spanish 'seguro de vida'), so a B1 learner who knows 'life' and 'insurance' can reliably infer the meaning.

Etymology

Life insurance comes from the simple idea of protecting a person's life with a promise: people pay small amounts now so that if they die, the plan gives money to their family. So, life insurance today means a plan that will 'pay money to the people you choose' after you die.