life assurance

• Modalidade de seguro que paga uma quantia em dinheiro em caso de morte da pessoa segurada, geralmente usada no inglês britânico para designar o seguro de vida que cobre todo o período de vida do segurado.

A type of insurance policy that pays out a sum of money upon the death of the insured person, commonly used in British English to refer to life insurance that covers the entire lifetime of the policyholder.

1. Life insurance policyB2formalbritish

   A contract where an insurer guarantees payment of a sum of money to a beneficiary upon the death of the insured person, in exchange for regular premiums.

   Seguro de vida

   • He took out a life assurance policy to protect his family.
   • Life assurance premiums are often tax-deductible.
   • The company offers both term and whole life assurance plans.