What is ordinary life insurance?

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Extra-ordinary life insurance may refer to one of several products in the life insurance industry. The policy is a brand name used by companies like The Hartford and ...

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life insurance with premiums paid throughout the lifetime of the insured.

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A life insurance policy that remains in force for the policyholder?s lifetime. It contrasts with term insurance, which only lasts for a specified number of years but ...

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Noun 1. ordinary life insurance - 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 ...

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What is Ordinary Life policy? A whole life insurance policy in which premiums are paid by the insured as long as she/he is alive.

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Group ordinary life insurance is a product utilized by businesses that want to provide life insurance to all of their employees. This is essentially a group life ...