Life-insurance - definition, pronunciation, transcription

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Amer.  |ˈlaɪfɪnˌʃʊərəns|  American pronunciation of the word life-insurance
Brit.  |ˈlaɪfɪnˌʃʊərəns|  British pronunciation of the word life-insurance

noun

- (insurance) A form of insurance on the life of a person. If the person dies then the insurance policy pays out a sum of money to the policyholder (such as a person's family).
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