Relating to or denoting a life insurance policy that pays a specified amount only on the death of the person insured.
终身人寿保险的
Example sentencesExamples
If you bought their whole-life Financial Guardian policy and paid premium for 13 years, you were set for life.
Universal and whole-life policies (which have a savings or investment component) cost more but accrue cash value as you go and are guaranteed renewable as long as you live.
Split-dollar insurance is the practice by which a company takes out a whole-life insurance plan in an executive's name and splits the annual premium payments with him or her.
You could also take a loan from a whole-life insurance policy that has accumulated value over time.
Max New York Life insurance Company has decided on a maiden cash bonus to its whole-life policy-holders.
Those who bought whole-life insurance policies a decade or so ago were probably told that they would have to pay premiums for about 10 years.
He recently received a letter from his insurer telling him his whole-life policy was about to lapse.
Some of its new products are risky, such as a whole-life insurance policy that invests 15% of its premiums in the volatile local stock markets.
Definition of whole-life in US English:
whole-life
adjectiveˈhōlˌlīf
Relating to or denoting a life insurance policy that pays a specified amount only on the death of the person insured.
终身人寿保险的
Example sentencesExamples
If you bought their whole-life Financial Guardian policy and paid premium for 13 years, you were set for life.
Some of its new products are risky, such as a whole-life insurance policy that invests 15% of its premiums in the volatile local stock markets.
Those who bought whole-life insurance policies a decade or so ago were probably told that they would have to pay premiums for about 10 years.
Max New York Life insurance Company has decided on a maiden cash bonus to its whole-life policy-holders.
Universal and whole-life policies (which have a savings or investment component) cost more but accrue cash value as you go and are guaranteed renewable as long as you live.
He recently received a letter from his insurer telling him his whole-life policy was about to lapse.
Split-dollar insurance is the practice by which a company takes out a whole-life insurance plan in an executive's name and splits the annual premium payments with him or her.
You could also take a loan from a whole-life insurance policy that has accumulated value over time.