whole life insurance
1
3.9
- noun
- /hoʊl laɪf ɪnˈʃʊərəns/
- Specialized
:
seguro de vida entero
- Many families choose whole life insurance for its lifelong coverage and guaranteed payouts upon death.
- whole life insurance policy
Do not send money to random strangers on Venmo for whole life insurance.
- Do not send money to random strangers on Venmo for whole life insurance.
Examples
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Compare whole life insurance quotes online from the top insurers in under 5 minutes.
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Unless it was by their private pension plan or whole life insurance.
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So a whole life insurance policy has no term.
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I have also been on the whole life insurance policy train for sure.
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OK, so I have a whole life insurance policy and I I, I would like to cash it in.
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Is whole life insurance the same thing as universal life insurance?
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I was looking at some websites, and it says I should get "whole" life insurance?
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A whole life insurance policy is a broad definition.
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Whole life insurance can be a viable planning option for parents with young children.
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The difference is that universal life is one type of whole life policy, with the definition of whole life insurance simply being a policy that does not expire.
Blog text (17)
Synonyms
91
3.0
A plan that pays money to your family or other people you choose when you die
A plan that gives a fixed amount and has level yearly payments 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
Antonyms
- Specialized
1
4.2
Insurance that pays money if you die during a set time, with fixed payments and no savings
How Long
Surface Forms
Morphology
The meaning 'insurance that covers an individual for their entire lifetime' is directly and transparently built from 'whole' (entire/complete) + 'life' (lifetime) + 'insurance' (a compensation contract). This compositional noun phrase follows common compounding patterns and is cross-linguistically obvious, so a B1 learner who knows the constituents can infer the meaning.
Etymology
Whole life insurance comes from the simple idea that whole and life mean covering someone for their 'entire life'. Imagine an umbrella that stays over you from birth to death while you pay the same yearly amount so your family gets 'promised money' when you die, and that is why it means a plan that lasts your whole life with fixed payments.