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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Some families combat these pitfalls by turning to whole life insurance. — Nia Bowers, USA Today, 15 Aug. 2025 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 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

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 7 Jul. 2026.

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whole life insurance

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