term life

Definition of "term life"
  1. Insurance providing coverage for a specific period, which pays out to a beneficiary if death occurs within that time, but pays nothing if the insured person outlives the term
How to use "term life" in a sentence
  1. He decided on term life insurance to provide financial security for his young family in his absence.
  2. If his term life policy expires and he is still alive, there will be no payout.
  3. She purchases a 20-year term life policy to cover her mortgage in case anything happens to her.

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