term insurance

n.
life insurance which expires at the end of a specified period of time

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Universalium. 2010.

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 …   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 — Fin [m1]1. a life insurance policy that will pay out upon the death of the life assured or in the event of the death of the first life assured with a joint life assurance 2. insurance, especially life insurance, that is in effect for a specified… …   The ultimate business dictionary

  • term insurance. — 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] * * * …   Universalium

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