Meaning Of The Word Term insurance

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  2. T Words Definitions
  3. Section T-088
  4. Term insurance

What's the definition of Term insurance? Find Term insurance meanings, definitions and more at the Real Dictionary online.

Term insurance Meaning

Term insurance Definition
Term insurance Definition

What's The Definition Of Term insurance?

term insurance in American English
life insurance which expires at the end of a specified period of time
noun: an insurance policy that provides coverage for a limited period, the value payable only if a loss occurs within the term, with nothing payable upon its expiration

term insurance in British English
noun: life assurance, usually low in cost and offering no cash value, that provides for the payment of a specified sum of money only if the insured dies within a stipulated period of time

term insurance in Insurance
noun: Term insurance is a type of life insurance which is paid only if the person dies within a particular period of time.

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