life assurance

noun
🔊/ˈlaɪf əʃʊərəns/, 🔊/ˈlaɪf əʃɔːrəns/
🔊/ˈlaɪf əʃʊrəns/
(British English)
(also life insurance British and North American English)
[uncountable]
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  1. a type of insurance in which you make regular payments so that you receive a sum of money when you are a particular age, or so that your family will receive a sum of money when you die人寿保险