Straight Life Insurance Law and Legal Definition
Straight life insurance is insurance taken on the life of the insured for a fixed amount at a definite premium that is paid every year. It is to be noted that the amount payable each year will be same throughout the whole lifetime of the insured. Straight life insurance is also known as whole life insurance.
Legal Definition list
Related Legal Terms
- Abuse in Later Life Program [Department of Justice]
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
