ordinary life insurance

Definition of "ordinary life insurance"
  1. A type of life insurance policy that is designed to last for the duration of the policyholder's life, often referred to as whole life insurance
How to use "ordinary life insurance" in a sentence
  1. He decided to secure his family's financial future by purchasing ordinary life insurance.
  2. Ordinary life insurance is known for its lifelong coverage and possibility for cash value growth over time.
  3. Deciding between term life and ordinary life insurance depends on the financial goals and needs of the individual.

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