What does Straight Life Insurance mean? Read on to discover the definition & meaning of the term Straight Life Insurance - to help you better understand the language used in insurance policies.
Straight Life Insurance
Straight life insurance is a type of permanent life insurance policy that has a guaranteed death benefit and fixed premiums. As long as the insured keeps paying their monthly premium, this type of policy does not expire.
We hope the you have a better understanding of the meaning of Straight Life Insurance.