convertible insurance


noun

any form of life or health insurance, either individual or group, that enables the insured to change or convert the insurance to another form, as term to whole life insurance or group to individual health insurance.

Nearby words

  1. converter,
  2. converter reactor,
  3. convertible,
  4. convertible bond,
  5. convertible debenture,
  6. convertible lens,
  7. convertible preferred stock,
  8. convertin,
  9. convertiplane,
  10. convertite

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019