The phrase "ordinary life" refers to a regular and typical way of living that most people experience. It suggests a routine or common lifestyle without any extraordinary or exceptional events or circumstances. Full definition
Finally, since we're discussing the more advanced utility of ordinary life insurance, the rest of this article is written using the assumption of cash value life insurance, not term life. (lifeinsurancepost.com)
For example, they need to know what type of crime it was because murder, drug trafficking, and other serious offenses call for an automatic rejection of ordinary life insurance. (justburyme.com)
The cash value in ordinary life policies is known because insurance companies typically guarantee that the cash value will grow at a specified rate. (pocketsense.com)