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Explicit Words:

WHOLE LIFE INSURANCE

(noun)
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Definitions

There is 1 meaning of the phrase Whole Life Insurance.

Whole 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 insurancestraight life insurance

Example Sentences

"My parents purchased a whole life insurance policy when I was born to ensure my future financial security."
"Many people opt for whole life insurance as a way to leave an inheritance for their loved ones."
"With whole life insurance, the policyholder's beneficiaries receive a death benefit upon the policyholder's passing."
"It is important to carefully consider the pros and cons before deciding to buy whole life insurance."
"Some individuals choose whole life insurance for the peace of mind knowing that they are covered for their entire life."
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