whole-life
adjective Date: 1845 of, relating to, or being life insurance with a fixed premium for the life of the policyholder and a cash value that can be redeemed on sale of the policy or can be the basis of low-interest loans

New Collegiate Dictionary. 2001.

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  • 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 — adjective relating to or denoting a life insurance policy that may be realized only on the death of the person insured …   English new terms dictionary

  • whole-life — adj. relating to or denoting a life insurance policy that pays a specified amount only on the death of the person insured …   Useful english dictionary

  • 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 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

  • whole life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. whole life insurance …   Law dictionary

  • whole-life insurance — ➔ insurance …   Financial and business terms

  • whole-life insurance — noun A life insurance policy on which premiums are payable up to the death of the insured person • • • Main Entry: ↑whole …   Useful english dictionary

  • Whole life tariff — The whole life tariff is a mechanism in British law whereby a prisoner is sentenced to remain in prison until his or her death. It came into force in 1983 when the British Home Secretary began to set minimum terms that convicted killers had to… …   Wikipedia

  • Whole life tariff — Emprisonnement à perpétuité La prison à perpétuité ou prison à vie est une sanction pénale pour les crimes les plus graves, qui consiste théoriquement en l’incarcération d’un criminel jusqu’à sa mort. Dans la pratique, tous les pays au monde… …   Wikipédia en Français

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