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limited-payment life insurance

American  
[lim-i-tid-pey-muhnt] / ˈlɪm ɪ tɪdˈpeɪ mənt /

noun

  1. a form of life insurance for which premiums are paid for a designated number of years.

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.