Definition of Whole life insurance
1. 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.
Exact synonyms: Ordinary Life Insurance, Straight Life Insurance
Generic synonyms: Life Assurance, Life Insurance
Generic synonyms: Life Assurance, Life Insurance
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Lexicographical Neighbors of Whole Life Insurance
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