Definition of life insurance in US English:
 life insurance
nounˈlīf inˌSHo͝orənsˈlaɪf ɪnˌʃʊrəns
Insurance that pays out a sum of money either on the death of the insured person or after a set period.
 he has taken out life insurance
as modifier life insurance policies
 Example sentencesExamples
-  Over more than three decades, he transformed it into one of the top life insurance companies in the US.
 -  That he took out seven life insurance policies aroused suspicion from the very beginning.
 -  Revenue has also grown largely as a result of increased mortgage lending and also through the sale of life insurance and pensions.
 -  Shopping around also applies to people who already have life insurance policies.
 -  Many people buy life insurance that pays out a lump sum that replaces their income if they die.
 -  One of the most popular ways of providing funds to pay for this liability is with a whole of life insurance policy.
 -  He reviewed bank statements, life insurance policies, and retirement benefits.
 -  February and March are the two months when life insurance policy sales soar.
 -  He hastily recited his life insurance policies and employee bonus programmes.
 -  Grown-ups with small dependents, mortgages and life insurance policies should definitely have a will.
 -  I now have full life insurance and critical illness insurance, based on a sum of £110,000.
 -  If you go on holiday or want life insurance, then your insurance is based on how well you are.
 -  At some point, Young will also need to add life insurance as a part of his estate plan.
 -  It can also include flight accident insurance - life insurance in case of a crash.
 -  This is basically life insurance whereby the level of cover decreases in line with the outstanding debt.
 -  Independent guides on life insurance and general insurance will be published in the autumn.
 -  The proceedings relate to part of the proceeds of two life insurance policies.
 -  Perhaps the best example of non-indemnity insurance is that of life insurance.
 -  His publications were not confined to questions relating to life insurance policies however.
 -  She returns the favour by naming him sole beneficiary in her life insurance policy.