whole life insurance

noun

: a type of life insurance that costs the same as long as the insured person is alive and that pays benefits to survivors when the person has died

Examples of whole life insurance in a Sentence

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Amica Life Insurance Learn More Policies Term and whole Policy highlights Amica offers a level term life insurance and whole life insurance policies payable for 20 years or until age 65 or 100, both with a free terminal illness rider. Andreina Rodriguez, CNBC, 16 Apr. 2026 Four whole life insurance policies round out his fortune. Kyle Khan-Mullins, Forbes.com, 10 Apr. 2026 Some families combat these pitfalls by turning to whole life insurance. Nia Bowers, USA Today, 15 Aug. 2025

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“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 2 May. 2026.

Legal Definition

whole life insurance

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