What is the definition of Ordinary life policy? | Dictionary.net

ORDINARY LIFE POLICY

\ˈɔːdɪnəɹi lˈa͡ɪf pˈɒlɪsi], \ˈɔːdɪnəɹi lˈa‍ɪf pˈɒlɪsi], \ˈɔː_d_ɪ_n_ə_ɹ_i l_ˈaɪ_f p_ˈɒ_l_ɪ_s_i]\

Definitions of ORDINARY LIFE POLICY

1920 - A practical medical dictionary.

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The simplest form of a life insurance policy, in which the premium is paid every year until the death of the insured, at which time the amount of the policy is payable to the beneficiary or to the estate of the insured.

1920 - A practical medical dictionary.
By Stedman, Thomas Lathrop

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