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Definition of life insurance noun from the Oxford Advanced Learner's Dictionary

life insurance

noun
 
/ˈlaɪf ɪnʃʊərəns/
 
/ˈlaɪf ɪnʃʊrəns/
(British English also life assurance, life cover)
[uncountable]
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  1. a type of insurance in which you make regular payments so that you receive a sum of money when you are a particular age, or so that your family will receive a sum of money when you die
    • a life insurance policy
    Oxford Collocations DictionaryLife insurance is used before these nouns:
    • policy
    See full entry
See life insurance in the Oxford Advanced American Dictionary

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