1.
life insurance
Insurance that provides a monetary payout upon the policyholder's death or after a specified period. One of the most common types of insurance in Japan.
生命保険に加入する。
To take out life insurance.
結婚を機に生命保険を見直した。
I reviewed my life insurance when I got married.
毎月の生命保険料が家計を圧迫している。
The monthly life insurance premiums are straining the household budget.
USAGE:
Often abbreviated to 生保 in casual speech and business contexts. Japan has one of the highest life insurance penetration rates in the world. Many workers purchase life insurance through their employer.
COMMON COLLOCATIONS:
- 生命保険に加入する (to take out life insurance)
- 生命保険会社 (life insurance company)
- 生命保険料 (life insurance premium)
- 生命保険を解約する (to cancel life insurance)