Definition of "life insurance" []

• Insurance that guarantees a specific sum of money to a designated beneficiary upon the death of the insured or to the insured if he or she lives beyond a certain age. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The problem with including health and life insurance on your auto policy is that they are single-risk coverages."
• "Dad decided to move Uncle Jake into a mobile home that sat next to Metal Craft, a small machine shop that Uncle Jake had purchased with the life insurance on Aunt Nina."
• "Substitute: add the payoff amount of your mortgage to your term life insurance policy."