insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
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ordinary life insurance::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | straight life insurance, whole life insurance |
| Type of | life assurance, life insurance |
Examples of ordinary life insurance
ordinary life insurance
In addition, life insurance could offer more security and long-term savings for ordinary people.
From the economist.com
