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1. (n.) term insurance
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)
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| Definition of 'term insurance' |
Princeton's WordNet |
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1. (noun) term insurance
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"
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Definitions of term insurance 
