term insurance
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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.
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Origin of term insurance
First recorded in 1895–1900
Words nearby term insurance
terminator seed, terminatory, term infant, terminology, termino-terminal anastomosis, term insurance, terminus, terminus ad quem, terminus a quo, termitarium, termitary
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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British Dictionary definitions for term insurance
term insurance
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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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