Industrial Life Insurance

Published: | Updated: May 1, 2018

Definition - What does Industrial Life Insurance mean?

Industrial life insurance is a type of life insurance that is commonly sold to industrial workers, and which carries a face value that is considerably lower than other types of life insurance.

Insuranceopedia explains Industrial Life Insurance

Industrial life insurance premiums are paid on either a weekly or a monthly basis. Generally, the face values of industrial life insurance policies are no more than $10,000. This is considerably lower than other types of life insurance policies, which typically have face values of hundreds of thousands. Industrial life insurance is a good option for people who want some life insurance but cannot afford to pay high premiums.


How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this:

Connect with us

Email Newsletter

Join thousands receiving the latest content and insights on the insurance industry.