Life Insurance Policy

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LIP
Pronunciation
/laɪf ˌɪnˈʃʊrəns ˈpɑləsi/
Category
Business
Related Field
Insurance

Examples in Context

  1. I have also taken out a life insurance policy on him just in case.
  2. I can terminate my life insurance policy when I retire and use the money as a pension.
  3. So if you want to control your own financial life, get your own life insurance policy.
  4. She takes out a life insurance policy.
  5. I took out a life insurance policy and made my wife the beneficiary.

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