- term insurance.
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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.[1895-1900]
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Universalium. 2010.
term insurance.
Look at other dictionaries:
term insurance — n: insurance in effect for a set term; specif: term life insurance at life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Term insurance — Insurance for a specified term providing for no payment to the insured except upon losses during the term, and becoming void upon its expiration. [Webster 1913 Suppl.] … The Collaborative International Dictionary of English
term insurance — n. life insurance which expires at the end of a specified period of time * * * … Universalium
term insurance — n. life insurance which expires at the end of a specified period of time … English World dictionary
term insurance — A form of life insurance that has no built in savings feature and does not accumulate any cash surrender value. American Banker Glossary Provides a death benefit only, no build up of cash value. Bloomberg Financial Dictionary A life insurance… … Financial and business terms
Term insurance — Provides a death benefit only, no build up of cash value. The New York Times Financial Glossary * * * term insurance term insurance ➔ insurance * * * term insurance UK US noun [S or U] (UK also term assurance) ► INSURANCE … Financial and business terms
term insurance — noun 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 • Hypernyms: ↑insurance * * * noun : insurance for a… … Useful english dictionary
term insurance — term′ insur ance n. bus an insurance policy that provides coverage for a limited period, the value payable only if a loss occurs within the term, and without value upon expiration • Etymology: 1895–1900 … From formal English to slang
term insurance — Life insurance under a contract providing protection for a stated number of years, subject to the payment of premiums, sometimes renewable without an additional medical examination, sometimes convertible to other forms of life insurance written… … Ballentine's law dictionary
term insurance — /tɜm ɪnˈʃɔrəns/ (say term in shawruhns) noun an insurance policy taken out on an individual life, for a specified number of years, to cover a temporary need …
