life assurance 
noun British
Another term for life insurance.It is available as a standalone product or in conjunction with a life assurance or mortgage protection insurance policy....
- Many of the worst life assurance, endowment, payment protection and home insurance policies are pushed by mortgage lenders.
- You then make a separate payment to a life assurance investment policy (an endowment).
Usage
There is a technical distinction between life assurance and life insurance: see assurance (usage).