Defenition of the word term insurance

• Defenition of the word term insurance

  • low-cost life insurance; valid only for a stated period of time
  • 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"
  • low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value

Hypernyms for the word term insurance

• • insurance
  • life assurance
  • life insurance

See other words

• • What is termes
  • The definition of full term
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