term life insurance: Meaning and Definition of

term' life' insur"ance

Pronunciation: [key]
  1. life insurance for which premiums are paid over a limited time and that covers a specific term, the face value payable only if death occurs within that term. Cf.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
termless termor
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