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English definition of “life insurance”

life insurance

noun [U]  /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 noun from the Cambridge Academic Content Dictionary © Cambridge University Press)

Definitions of “life insurance” in other dictionaries

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