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单词 whole life insurance
释义

Definition of whole life insurance in US English:

whole life insurance

noun
  • Life insurance that pays a benefit on the death of the insured and also accumulates a cash value.

    Compare with term life insurance
    Example sentencesExamples
    • For some policies - like whole life insurance - you could wait 20 years to break even!
    • They basically consist of three categories: whole life insurance, term life insurance and universal life insurance.
    • If you're setting aside money to leave as an inheritance, first check term and whole life insurance policies, particularly if you're young.
    • This type of whole life insurance puts your premiums in short-term investments.
    • Many younger people don't realize how beneficial whole life insurance can be to them simply because of their age.
    • Young breadwinners simply cannot afford adequate protection with whole life insurance and, typically, end up either grossly underprotected with a lapsed policy or both.
    • The percentage of expenses to premiums for whole life insurance usually varies between 10 percent to 40 percent.
    • The purchase of a whole life insurance policy on a child can be compared to using a seatbelt for your children.
    • Most financial service professionals recommend including whole life insurance as part of your financial plan, but how much insurance is going to take some research and advice from a professional.
    • Currently, he has a $250,000 whole life insurance policy with Northwestern Mutual that is $190 per month.

Definition of whole life insurance in US English:

whole life insurance

noun
  • Life insurance that pays a benefit on the death of the insured and also accumulates a cash value.

    Compare with term life insurance
    Example sentencesExamples
    • The purchase of a whole life insurance policy on a child can be compared to using a seatbelt for your children.
    • If you're setting aside money to leave as an inheritance, first check term and whole life insurance policies, particularly if you're young.
    • They basically consist of three categories: whole life insurance, term life insurance and universal life insurance.
    • Most financial service professionals recommend including whole life insurance as part of your financial plan, but how much insurance is going to take some research and advice from a professional.
    • The percentage of expenses to premiums for whole life insurance usually varies between 10 percent to 40 percent.
    • Young breadwinners simply cannot afford adequate protection with whole life insurance and, typically, end up either grossly underprotected with a lapsed policy or both.
    • This type of whole life insurance puts your premiums in short-term investments.
    • Many younger people don't realize how beneficial whole life insurance can be to them simply because of their age.
    • Currently, he has a $250,000 whole life insurance policy with Northwestern Mutual that is $190 per month.
    • For some policies - like whole life insurance - you could wait 20 years to break even!
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更新时间:2025/6/19 13:50:48