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.

Life insurance: Beneficiaries trump a last will and testament.

From MarketWatch • Oct. 13, 2025

Life insurance proceeds typically aren’t taxable, or payable to a minor child.

From Los Angeles Times • Sep. 8, 2024

We had two free tickets on our Vitality Life insurance app so I paid £5.99 for one ticket and we took our own snacks in.

From BBC • Apr. 19, 2023

Life insurance averages $100 to $300 per employee, while disability insurance usually costs $250 to $1,500.

From Seattle Times • Oct. 31, 2022

Life insurance is a good form of investment.

From Community Civics and Rural Life by Dunn, Arthur William

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