life insurance (BrE also life assurance) noun [U]

a type of insurance in which you make a single payment or regular payments so that you receive a sum of money when you are a particular age, or so that your family will receive a sum of money when you die:

Sales of life insurance and annuities have increased.

life insurance companies

payouts on life insurance policies

Everyone joining the scheme would get life insurance cover.

• jobcentre
• job costing
• job creation
• job description
• job design
• job enlargement
• job enrichment
• job evaluation
• job fair
• job family
• job for life
• job grading
• jobholder
• job hopping
• job-hunter
• jobless
• job lock
• job lot
• job market
• job order
• job production
• job-protected leave
• job-related
• job rotation
• job satisfaction