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straight life insurance

/streɪt laɪf ɪnˈʃʊərəns/

1 entry

phrase

/streɪt laɪf ɪnˈʃʊərəns/C1formalbusiness
  • ruТип полиса постоянного страхования жизни, который обеспечивает покрытие на весь период жизни застрахованного, с фиксированными взносами и гарантированной выплатой в случае смерти, часто накапливая денежную стоимость с течением времени.

A type of permanent life insurance policy that provides coverage for the entire lifetime of the insured, with fixed premiums and a guaranteed death benefit, often accumulating cash value over time.

  1. Whole life insuranceC1formal

    A type of permanent life insurance policy that provides coverage for the insured's entire lifetime, with fixed premiums and a cash value component.

    ruПожизненное страхование жизни

    • He purchased a straight life insurance policy to ensure his family's financial security.
    • Straight life insurance premiums remain constant throughout the policyholder's life.
    • The cash value of a straight life insurance policy grows over time.