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Definition of "whole life insurance" []

  • Insurance that provides death protection for the insured's entire lifetime. (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.

Use "whole life insurance" in a sentence
  • "Single-premium life insurance is a second-class tax shelter because you must buy whole life insurance before you can make the investment."
  • "Single-premium whole life insurance is sold primarily as a tax shelter, not as insurance."
Words like "whole life insurance"