ordinary life insurance
- noun
- /ˈɔrdəˌnɛri laɪf ɪnˈʃʊrəns/
- Specialized
:
seguro de vida ordinario
- Unlike term policies, ordinary life insurance remains in effect as long as the premiums are paid.
Examples
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Get ordinary life insurance!
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He decided to purchase ordinary life insurance to guarantee financial security for his family.
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Many financial advisors recommend ordinary life insurance due to its consistent premiums over a lifetime.
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I need ordinary life insurance.
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He purchased an ordinary life insurance policy to ensure his family would be financially secure after his passing.
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Many people choose ordinary life insurance for its predictable premiums and guaranteed coverage amount throughout their lifetime.
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She explained that ordinary life insurance requires annual payments that continue until the policyholder's death.
Synonyms
91
3.0
A plan that pays money to your family or other people you choose when you die
1
3.9
A plan that pays a fixed amount when you die and has payments that stay the same for life
A life insurance plan with the same yearly payment you make that covers you for your whole life
A plan that pays money to people you choose after you die
How Permanent
- Specialized
1
3.9
- Specialized
- Specialized
1
4.2
Surface Forms
Morphology
The phrase is compositionally built from 'ordinary' (usual/standard) modifying the compound 'life insurance' (insurance covering a person’s life), so a learner who knows the parts will infer it denotes the usual/standard type of life insurance. While the precise technical details (fixed coverage, level premiums) are specialist, the general meaning is directly derivable and cross-linguistically transparent.
Etymology
Ordinary life insurance comes from the idea that this is the 'ordinary' or regular kind of life plan: ordinary means 'usual', and life insurance is money paid to your family when you die. That's why it refers to a plan with a set coverage amount and the same yearly payments that continue for your whole life.