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ORDINARY LIFE INSURANCE

(noun)
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Definitions

There is 1 meaning of the phrase Ordinary Life Insurance.

Ordinary Life Insurance - as a noun

Insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured

Synonyms (Exact Relations)
straight life insurancewhole life insurance

Example Sentences

"She purchased an ordinary life insurance policy to protect her family in case of her unexpected death."
"Many people choose ordinary life insurance as a means of providing financial security for their loved ones."
"The premiums for ordinary life insurance policies are generally lower than those for whole life insurance."
"John's ordinary life insurance plan provided a death benefit that would help his beneficiaries cover funeral expenses."
"Most employers offer ordinary life insurance coverage as part of their employee benefits package."
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