from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun Insurance that guarantees a specific sum of money to a designated beneficiary upon the death of the insured or to the insured if he or she lives beyond a certain age.
from The Century Dictionary.
- noun See
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun insurance A form of
insuranceon the life of a person. If the person dies then the insurance policy pays out a sum of money to the policyholder (such as a person's family).
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun insurance paid to named beneficiaries when the insured person dies
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