ordinary life insurance Sentence Examples
- The ordinary life insurance policy provided lifelong coverage and a guaranteed death benefit.
- The premiums for ordinary life insurance are typically lower than those for other types of life insurance.
- Ordinary life insurance is designed to provide financial protection for the insured's family and dependents.
- The cash value of an ordinary life insurance policy can accumulate over time, providing a savings component to the policy.
- The death benefit of an ordinary life insurance policy is paid to the beneficiary upon the death of the insured.
- Ordinary life insurance can be used to supplement other forms of life insurance coverage, such as group life insurance.
- The face amount of an ordinary life insurance policy is the maximum amount of coverage provided.
- Ordinary life insurance policies typically have a grace period after the premium due date, during which the policy remains in force.
- Ordinary life insurance can be purchased through an insurance agent or directly from an insurance company.
- The availability and cost of ordinary life insurance can vary depending on factors such as the insured's age, health, and lifestyle.
ordinary life insurance Meaning
ordinary life insurance (n)
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
Synonyms & Antonyms of ordinary life insurance
No Synonyms and anytonyms found
FAQs About the word ordinary life insurance
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insure
No synonyms found.
No antonyms found.
The ordinary life insurance policy provided lifelong coverage and a guaranteed death benefit.
The premiums for ordinary life insurance are typically lower than those for other types of life insurance.
Ordinary life insurance is designed to provide financial protection for the insured's family and dependents.
The cash value of an ordinary life insurance policy can accumulate over time, providing a savings component to the policy.
