What is the meaning of 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.
    • usage: "term insurance is most often associated with life insurance policies"
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APAWordNet. (2010). term insurance. Retrieved September 23, 2026, from http://smartdefine.org/term_insurance/definitions/1325397
ChicagoWordNet. 2010. "term insurance" http://smartdefine.org/term_insurance/definitions/1325397 (accessed September 23, 2026).
HarvardWordNet 2010, term insurance, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/term_insurance/definitions/1325397>.
MLAWordNet. "term insurance" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/term_insurance/definitions/1325397>
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