What is another word for straight life insurance?
Pronunciation: [stɹˈe͡ɪt lˈa͡ɪf ɪnʃˈʊ͡əɹəns] (IPA) 
Straight life insurance, also known as whole life insurance, is a type of life insurance that provides coverage for the lifetime of the insured. Some synonyms for this type of coverage include permanent life insurance, traditional life insurance, level premium life insurance, and cash-value life insurance. Permanent life insurance refers to policies that do not expire and offer a death benefit payout upon the death of the insured, while traditional life insurance encompasses policies that follow industry standard procedures. Level premium refers to policies that have a fixed rate of premium payment, while cash-value life insurance refers to policies that build cash value over time and can be borrowed against.
