| NOUN | possession | life assurance, life insurance | insurance paid to named beneficiaries when the insured person dies |
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| Meaning | insurance paid to named beneficiaries when the insured person dies. | |
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| Example | "in England they call life insurance life assurance" | |
| Synonym | life insurance | |
| Narrower | endowment insurance | life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured |
| tontine, tontine insurance | A form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members | |
| whole life insurance, ordinary life insurance, straight life insurance | 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 | |
| Broader | insurance | promise of reimbursement in the case of loss |
| Spanish | seguro de vida | |
| Catalan | assegurança de vida | |
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