straight life insurance.
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straight life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
straight life insurance — noun 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 • Syn: ↑whole life insurance, ↑ordinary life insurance • Hypernyms: ↑life… … Useful english dictionary
straight life insurance. — See ordinary life insurance … Useful english dictionary
life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance … Law dictionary
life insurance — noun insurance paid to named beneficiaries when the insured person dies in England they call life insurance life assurance • Syn: ↑life assurance • Hypernyms: ↑insurance • Hyponyms: ↑endowment insurance, ↑tontine, ↑ … Useful english dictionary
ordinary life insurance — life insurance with premiums paid throughout the lifetime of the insured. Also called straight life insurance, whole life insurance. * * * … Universalium
ordinary life insurance — noun 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 • Syn: ↑whole life insurance, ↑straight life insurance • Hypernyms: ↑life… … Useful english dictionary
whole life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. whole life insurance … Law dictionary
whole life insurance — noun 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 • Syn: ↑ordinary life insurance, ↑straight life insurance • Hypernyms: ↑life… … Useful english dictionary
Straight Life Annuity — An insurance product that makes periodic payments to the annuitant until his or her death, at which point the payments stop completely. These products do not allow annuitants to designate a beneficiary. Straight life annuities may be bought over… … Investment dictionary