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life insurance

American

noun

insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age.

life insurance British

noun

another name for life assurance

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of life insurance

First recorded in 1800–10

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Additionally, SpaceX does not maintain key-person life insurance on Elon Musk.

From Barron's • Jun. 5, 2026

“There will be almost no impact on the life insurance industry,” Kett wrote.

From The Wall Street Journal • Jun. 4, 2026

Last year, Busch initiated a lawsuit against Pacific Life Insurance over several contracts he bought from them for indexed universal life insurance, known as IUL.

From MarketWatch • May 27, 2026

Wall Street’s biggest private asset managers have flocked to life insurance over the past decade, viewing insurers’ huge portfolios as a perfect match for their investment products.

From The Wall Street Journal • May 26, 2026

"Well, the life insurance should cover their tuition."

From "City of the Plague God" by Sarwat Chadda

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023