life insurance
Loading your saved state.
life insurance
An insurance policy that pays out an agreed sum of money in the event of the insured person's death or after a specified contract period has ended. It often serves to provide financial security for surviving dependents or for retirement planning.
Er hat eine Lebensversicherung abgeschlossen, um seine Familie für den Fall seines Todes abzusichern.
He took out life insurance to provide financial security for his family in the event of his death.
lifeline
In a figurative sense, a person or thing that provides security or represents a rescue in a difficult situation.
Der erfahrene Torwart war in den letzten Spielminuten die Lebensversicherung für seine Mannschaft.
The experienced goalkeeper was the lifeline for his team in the final minutes of the match.
The word is made up of 'Leben' (life), the linking -s, and 'Versicherung' (insurance). So it literally describes an insurance policy that relates to a person's life.
Eine gute Lebensversicherung kann die Zukunft der Familie sichern.
Good life insurance can secure the family's future.
You can recognize the literal meaning from contexts involving finances, contracts, and family. The figurative meaning is often found in sports or in reports about crisis situations, where a person or thing brings rescue.
Die Auszahlung der Lebensversicherung half der Witwe sehr.
The life insurance payout helped the widow a great deal.
In connection with the insurance contract, the verbs 'abschließen' (to take out), 'haben' (to have), 'kündigen' (to cancel), or 'auszahlen' (to pay out) are often used.
Viele junge Eltern schließen eine Lebensversicherung ab.
Many young parents take out life insurance.
In the figurative meaning, 'Lebensversicherung' (lifeline) is usually used with the verb 'sein' (to be) or 'werden zu' (to become). It describes a person or thing that becomes the decisive rescue.
Seine schnellen Reflexe waren die Lebensversicherung der Mannschaft.
His quick reflexes were the team's lifeline.
pension insurance
Both types of insurance can serve as private retirement provision. Rentenversicherung pays a regular pension from a certain age onward. Lebensversicherung, by contrast, pays out an agreed sum of money when the contract ends or in the event of death, and can therefore also provide financial security for surviving dependents.
Für eine feste Geldsumme am Vertragsende schließt Nora eine Lebensversicherung ab.
Nora takes out life insurance to receive a fixed sum of money at the end of the contract.
Für ein regelmäßiges Einkommen im Alter schließt Nora eine private Rentenversicherung ab.
Nora takes out private pension insurance to have a regular income in retirement.
