life insurance
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Definition(s):
- (n) insurance paid to named beneficiaries when the insured person dies
Usage(s):
- The annual statements of the leading life insurance companies reveal an unusual expansion during 1923.
- Until 1933 Depression did not greatly affect life insurance salaries, as is evident from the amounts paid their presidents in 1929 and 1932 by leading life insurance companies:.
- The life insurance companies were not responsible for the Depression nor for its consequences.
Word of the Day
apprehensive
/ˌæ prɪ ˈhɛn sɪv /
/ˌæ prɪ ˈhɛn sɪv /