What is the meaning of straight life insurance?

noun

  • Insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured.
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APAWordNet. (2010). straight life insurance. Retrieved September 30, 2026, from http://smartdefine.org/straight_life_insurance/definitions/1313346
ChicagoWordNet. 2010. "straight life insurance" http://smartdefine.org/straight_life_insurance/definitions/1313346 (accessed September 30, 2026).
HarvardWordNet 2010, straight life insurance, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/straight_life_insurance/definitions/1313346>.
MLAWordNet. "straight life insurance" 23 October 2010. Web. 30 September 2026. <http://smartdefine.org/straight_life_insurance/definitions/1313346>