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Whole Life Insurance

nounverified·updated May 18, 2026

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

MWE

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

synonym
ordinary life insurancestraight life insurance
plural
Whole Life Insurances
possessive
Whole Life Insurance's
pluralpossessive
Whole Life Insurances'