life assurance (Meaning)
Wordnet
life assurance (n)
insurance paid to named beneficiaries when the insured person dies
Synonyms & Antonyms of life assurance
No Synonyms and anytonyms found
life assurance Sentence Examples
- Life assurance provides financial security for loved ones in the event of an untimely demise.
- Acquiring life assurance is a prudent step to ensure financial stability in the face of unforeseen circumstances.
- The premiums paid towards life assurance offer tax benefits and long-term savings.
- Life assurance is essential for individuals with dependents who rely on their income.
- Businesses can utilize life assurance to protect their key employees and maintain continuity.
- Life assurance policies provide peace of mind by guaranteeing financial support to beneficiaries.
- The sum assured under life assurance policies can be customized to meet specific financial needs.
- Life assurance premiums are calculated based on factors such as age, health, and risk profile.
- Life assurance policies can be customized to include additional riders such as critical illness cover or income protection.
- Life assurance is an essential financial planning tool that safeguards the financial well-being of individuals and families.
FAQs About the word life assurance
insurance paid to named beneficiaries when the insured person dies
No synonyms found.
No antonyms found.
Life assurance provides financial security for loved ones in the event of an untimely demise.
Acquiring life assurance is a prudent step to ensure financial stability in the face of unforeseen circumstances.
The premiums paid towards life assurance offer tax benefits and long-term savings.
Life assurance is essential for individuals with dependents who rely on their income.