ordinary life insurance


noun

life insurance with premiums paid throughout the lifetime of the insured.

Nearby words

  1. ordinary grade,
  2. ordinary income,
  3. ordinary jubilee,
  4. ordinary lay,
  5. ordinary level,
  6. ordinary point,
  7. ordinary rating,
  8. ordinary ray,
  9. ordinary seaman,
  10. ordinary share

Also called straight life insurance, whole life insurance.

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