Meaning of “life insurance” in the English Dictionary

business-english dictionary

"life insurance" in British English

See all translations

life insurancenoun [ U ]

uk /ˈlaɪf ɪnˌʃɔː.rəns/ us /ˈlaɪf ɪnˌʃɔːr.əns/ UK also life assurance

(Definition of “life insurance” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"life insurance" in American English

See all translations

life insurancenoun [ U ]

us /ˈlɑɪf ɪnˌʃʊər·əns/

a system in which you make regular payments to an insurance company in exchange for a fixed amount of money that will be paid after you die to someone you chose

(Definition of “life insurance” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"life insurance" in Business English

See all translations

life insurancenoun [ U ]

uk us UK also life assurance INSURANCE

a system in which you make regular payments to an insurance company in exchange for a fixed amount of money which will be paid to someone you have named, usually a member of your family, when you die:

For £23 a month a man aged 30 can buy a £100,000 life insurance policy.

(Definition of “life insurance” from the Cambridge Business English Dictionary © Cambridge University Press)