whole life insurance
noun
: a type of life insurance that costs the same as long as the insured person is alive and that pays benefits to survivors when the person has died
Examples of whole life insurance in a Sentence
Recent Examples on the Web
This can include long-term care insurance or whole life insurance with a long-term care rider.
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Ryan Ermey, CNBC, 14 Oct. 2024
Life Insurance Life insurance, particularly whole life insurance, is often overlooked as a generational wealth-building tool but can provide both long-term protection and financial benefits.
—True Tamplin, Forbes, 11 Sep. 2024
Here’s a summary of what advisers said Walz did right, based on what has been released:
Two whole life insurance policies valued at $15,000 to $50,000 each.
—Medora Lee, USA TODAY, 14 Aug. 2024
Instead, the former teacher and congressman’s assets consisted mostly of pensions, whole life insurance and college savings, a 2019 filing showed.
—Medora Lee, USA TODAY, 14 Aug. 2024
Other assets disclosed in 2019 included a college savings plan, a state teacher pension and a whole life insurance policy.
—Tribune News Service, The Mercury News, 9 Aug. 2024
The disclosures show Walz making regular payments into the value of whole life insurance policies until at least 2013, but those payments later stopped.
—Dan Mangan, CNBC, 7 Aug. 2024
The two most common types of permanent life insurance that can be used as an asset are whole life insurance and universal life insurance, according to financial experts at JP Morgan.
—Jasmine Browley, Essence, 22 Apr. 2024
The Tax Policy Center’s Steven Rosenthal, a liberal critic of other laws that allow wealthy people to shelter their money from taxes, questioned the senators’ allegations of illegality, pointing out that more common whole life insurance policies also allow a limited investor role for buyers.
—Julie Zauzmer Weil, Washington Post, 21 Feb. 2024
Ryan Ermey, CNBC, 14 Oct. 2024
Life Insurance Life insurance, particularly whole life insurance, is often overlooked as a generational wealth-building tool but can provide both long-term protection and financial benefits.
—True Tamplin, Forbes, 11 Sep. 2024
Here’s a summary of what advisers said Walz did right, based on what has been released:
Two whole life insurance policies valued at $15,000 to $50,000 each.
—Medora Lee, USA TODAY, 14 Aug. 2024
Instead, the former teacher and congressman’s assets consisted mostly of pensions, whole life insurance and college savings, a 2019 filing showed.
—Medora Lee, USA TODAY, 14 Aug. 2024
Other assets disclosed in 2019 included a college savings plan, a state teacher pension and a whole life insurance policy.
—Tribune News Service, The Mercury News, 9 Aug. 2024
The disclosures show Walz making regular payments into the value of whole life insurance policies until at least 2013, but those payments later stopped.
—Dan Mangan, CNBC, 7 Aug. 2024
The two most common types of permanent life insurance that can be used as an asset are whole life insurance and universal life insurance, according to financial experts at JP Morgan.
—Jasmine Browley, Essence, 22 Apr. 2024
The Tax Policy Center’s Steven Rosenthal, a liberal critic of other laws that allow wealthy people to shelter their money from taxes, questioned the senators’ allegations of illegality, pointing out that more common whole life insurance policies also allow a limited investor role for buyers.
—Julie Zauzmer Weil, Washington Post, 21 Feb. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'whole life insurance.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near whole life insurance
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“Whole life insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/whole%20life%20insurance. Accessed 5 Nov. 2024.
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