whole life insurance

noun

: a type of life insurance that costs the same as long as the insured person is alive and that pays benefits to survivors when the person has died

Examples of whole life insurance in a Sentence

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Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Planning is key, and one of the first things to do is buy permanent or whole life insurance while still fairly young, said Steve Azoury, owner of Azoury Financial. — Medora Lee, USA Today, 31 Aug. 2026 Cash Value Whole Life Insurance A cash value whole life insurance policy is a type of policy that serves as a long-term savings account and builds wealth over time. — Sarah Scott, Parents, 2 June 2026 Both term and whole life insurance policies include a terminal illness rider for free, allowing for an advanced death benefit if the insured is diagnosed with a terminal illness. — Liz Knueven, CNBC, 23 Dec. 2025 See All Example Sentences for whole life insurance

Rhymes for whole life insurance

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whole-life
whole life insurance
wholely
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Cite this Entry

“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 1 Sep. 2026.

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Legal Definition

whole life insurance

see also:
life insurance
Last Updated: - Updated example sentences
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