Whole life insurance

Whole life insurance is a life insurance that remains in effect for the insured’s entire life and pays on death.

Life insurance that provides a combination of insurance and savings and stays in force for the life of the insured.

Share it: CITE

Previous:
Computer Programming

Next:
Wholesalers

Related Definitions

Single Life Annuity
A Single Life Annuity, also known as Straight Life Annuity...
Blanket Insurance
A Blanket Insurance plan is a unique homeowner's insurance that...
Broad Form Insurance
Broad Form Insurance is a type of insurance that goes...
Self-insurance
A method by which companies assume risk by putting aside...
Property insurance
Protection for losses due to physical damage to or destruction...