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term insurance

   Also found in: Financial 0.04 sec.
term insurance
n.
Insurance providing coverage for losses to the insured during a stated period but becoming void upon its expiration.
term insurance
n
(Business / Insurance) life assurance, usually low in cost and offering no cash value, that provides for the payment of a specified sum of money only if the insured dies within a stipulated period of time
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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"
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
Translations
term insurance
n → (zeitlich) befristete Versicherung


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