whole-life
adjective[before noun]
INSURANCEukus(alsowhole-of-life)used todescribealifeinsuranceagreementwith apersonin which theinsurancecompanypaysmoneywhen thatpersondies:
They have ajointwhole-lifeinsurancepolicyfor £40,000 whichpaysout when the first onedies.
She wassoldwhole-of-lifecoverwhen she didn't needlifeinsuranceat all.