term insurance

Definition of "term insurance"
  1. A type of insurance policy that provides coverage for a specified period of time
How to use "term insurance" in a sentence
  1. She decided to buy term insurance now, as the premiums are cheaper the younger you are.
  2. Having term insurance gave them peace of mind knowing their mortgage would be covered if anything happened during the term.
  3. The company offers term insurance which will lapse after ten years if not renewed.

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