0 used to describe a life insurance agreement with a person in which the insurance company pays money when that person dies:
Both quality and whole-life cost are taken into account.
These are used, inter alia, to ensure that the standards required of new construction reflect current needs and accord with minimum whole-life costs.
That may seem to be irrelevant to consumer debt, but we must look at people's whole-life experience.
This may be the same policy —a whole-life policy is converted as the same policy into an endowment policy involving the trebling of the premium.
Of these 1,674 were endowment policies and 4,069 whole-life.
For that reason, we have to have the complicated whole-life system, with revaluation throughout the working life.
Recent research on performance and whole-life costs has shown that, within the limits of the information available, both materials can give equally satisfactory performance.
Thirdly, the programme aims to minimise whole-life cost.