Definitions
There is 1 meaning of the phrase
Straight Life Insurance.
Straight 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)
ordinary life insurancewhole life insuranceExample Sentences
"My parents purchased a straight life insurance policy when they were young."
"With straight life insurance, the premium stays the same throughout the policy term."
"I am considering buying straight life insurance to ensure financial security for my family."
"Many people choose straight life insurance as a long-term investment."
"Premiums for straight life insurance are typically higher compared to term life insurance."
