- whole-of-life
- whole-of-life UK US adjective [before noun] INSURANCE► WHOLE-LIFE(Cf. ↑whole-life)
Financial and business terms. 2012.
whole-of-life
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whole-of-life insurance — An insurance policy that covers you for your entire life. It is not like term insurance, which only lasts for a set period. Financial Services Glossary … Financial and business terms
Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… … Wikipedia
whole-life — ˈwhole life adjective [only before a noun] INSURANCE whole life insurance contracts, arrangements etc are ones in which the person whose life is insured pays a fixed sum each year, and the insurance company pays out a sum when that person dies: • … Financial and business terms
whole life policy — whole of life policy A life assurance policy that pays a specified amount on the death of the life assured. Benefits are not made for any other reason and the cover continues until the death of the life assured, provided the premiums continue to… … Big dictionary of business and management
Whole — Whole, n. 1. The entire thing; the entire assemblage of parts; totality; all of a thing, without defect or exception; a thing complete in itself. [1913 Webster] This not the whole of life to live, Nor all of death to die. J. Montgomery. [1913… … The Collaborative International Dictionary of English
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
whole-life insurance — /ˌhəυl laɪf ɪnˌʃυərəns/, whole life policy /ˌhəυl laɪf ˌpɒlɪsi/ noun an insurance policy where the insured person pays a fixed premium each year and the insurance company pays a sum when he or she dies (also called ‘whole of life assurance’) … Dictionary of banking and finance
whole-life insurance — /hoʊl ˌlaɪf ɪnˈʃɔrəns/ (say hohl .luyf in shawruhns) noun a life insurance contract where the capital sum is only payable on the death of the insured. Also, whole of life insurance …
Life — • The enigma of life is still one of the two or three most difficult problems that face both scientist and philosopher Catholic Encyclopedia. Kevin Knight. 2006. Life Life … Catholic encyclopedia
Whole-life cost — Whole life cost, or Life cycle cost (LCC), refers to the total cost of ownership over the life of an asset [1]. Also commonly referred to as cradle to grave or womb to tomb costs. Costs considered include the financial cost which is relatively… … Wikipedia
