Meaning of the word "life insurance" in English
What does "life insurance" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
life insurance
US /ˈlaɪf ɪnˌʃʊr.əns/
UK /ˈlaɪf ɪnˌʃʊr.əns/
Noun
1.
insurance that pays out a sum of money either on the death of the insured person or after a set period.
Example:
•
He took out a life insurance policy to protect his family.
•
Many people consider life insurance an essential part of financial planning.
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