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Life insurance

A form of insurance on the life of a person. If the person dies then the insurance policy pays out a sum of money to the beneficiary (such as a person's family).

📖 Definitions of "Life insurance"

noun
  1. 1

    A form of insurance on the life of a person. If the person dies then the insurance policy pays out a sum of money to the beneficiary (such as a person's family).

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