MLchartDataset catalogue

Permanent life insurance

Term · Insurance and risk management · MLC-T-INS-002552

A type of life insurance that provides coverage for the entire lifetime of the insured, as long as premiums are paid. It includes a savings component, known as cash value, which grows over time on a tax-deferred basis. Common forms include whole life, universal life, and variable life insurance policies.

Table 1. Record
IdentifierMLC-T-INS-002552
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002552",
  "term": "Permanent life insurance",
  "field": "Insurance and risk management",
  "definition": "A type of life insurance that provides coverage for the entire lifetime of the insured, as long as premiums are paid. It includes a savings component, known as cash value, which grows over time on a tax-deferred basis. Common forms include whole life, universal life, and variable life insurance policies.",
  "url": "https://mlchart.com/terminology/insurance/permanent-life-insurance/"
}

Record 2,581 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.