English dictionary

term insurance meaning and definition

Definition and meaning of term insurance at MeaningMonkey.org. term insurance meaning and definition in the English Dictionary.

TERM INSURANCE noun

Definition of term insurance (noun)

  1. low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value
    • "term insurance is most often associated with life insurance policies"
Source: Princeton University Wordnet

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