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Definition of Straight life insurance
1. Noun. Insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured.
Exact synonyms: Ordinary Life Insurance, Whole Life Insurance
Generic synonyms: Life Assurance, Life Insurance
Generic synonyms: Life Assurance, Life Insurance
Lexicographical Neighbors of Straight Life Insurance
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