assurance-vie

life insurance

noun ah-syoo-RAHNS-VEE Rare

Usage Note

Assurance-vie is a cornerstone of French personal finance, widely used both as life insurance and as a tax-advantaged savings product (contrat d'assurance-vie). The plural is assurances-vie; it is one of the most common investment vehicles in France, distinct from term life insurance (assurance décès).

Examples

"Il a souscrit une assurance-vie pour sa famille."

Natural Translation

He took out a life insurance policy for his family.

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