life insurance Synonyms

No Synonyms and anytonyms found

life insurance Meaning

Wordnet

life insurance (n)

insurance paid to named beneficiaries when the insured person dies

life insurance Sentence Examples

  1. Purchasing life insurance provides financial security for your loved ones in the event of your unforeseen passing.
  2. Life insurance premiums vary depending on factors such as age, health, and lifestyle.
  3. Term life insurance offers coverage for a specific period, while permanent life insurance provides coverage for your entire life.
  4. Riders can be added to life insurance policies to enhance protection, such as accidental death benefits or disability income.
  5. Beneficiaries of life insurance policies receive the death benefit upon the insured person's passing.
  6. Life insurance can be used as collateral for loans or to fund retirement savings.
  7. It's crucial to assess your life insurance needs and choose a coverage amount that aligns with your financial responsibilities.
  8. Life insurance companies evaluate your health and lifestyle to determine premiums and coverage eligibility.
  9. Policyholders can pay life insurance premiums on a monthly, quarterly, or annual basis.
  10. Comparing quotes from different life insurance providers can help you secure the best coverage at the most affordable price.

FAQs About the word life insurance

insurance paid to named beneficiaries when the insured person dies

No synonyms found.

No antonyms found.

Purchasing life insurance provides financial security for your loved ones in the event of your unforeseen passing.

Life insurance premiums vary depending on factors such as age, health, and lifestyle.

Term life insurance offers coverage for a specific period, while permanent life insurance provides coverage for your entire life.

Riders can be added to life insurance policies to enhance protection, such as accidental death benefits or disability income.