What does ordinary life insurance mean?
Definitions for ordinary life insurance
or·di·na·ry life in·sur·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ordinary life insurance.
Princeton's WordNet
whole life insurance, ordinary life insurance, straight life insurancenoun
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
ChatGPT
ordinary life insurance
Ordinary Life Insurance, also known as Whole Life Insurance, is a type of permanent life insurance policy which provides coverage for the insured's entire lifetime. The policy pays a death benefit to the beneficiaries upon the insured's death, and it also accumulates a cash value over time, which the policyholder can borrow against or possibly withdraw during their lifetime. The premiums for ordinary life insurance are generally higher than term insurance but remain constant throughout the life of the insured.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of ordinary life insurance in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of ordinary life insurance in Pythagorean Numerology is: 6
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"ordinary life insurance." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/ordinary+life+insurance>.
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