savings bank life insurance

noun

: life insurance sold over the counter by mutual savings banks as authorized by law in some states

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Dictionary Entries Near savings bank life insurance

Cite this Entry

“Savings bank life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20bank%20life%20insurance. Accessed 5 Nov. 2024.

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