last survivor life insuranceglossary / last-survivor life insurance Life insurance on two or more persons, payable after all the insureds have died. — Also termed last-survivor insurance. 词条贡献者 资深译员Gary,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,专注翻译各种与公共政策与战略有关的法律文件。