Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “term insurance”

term insurance

noun [S or U]
 
 
(UK also term assurance)
INSURANCE a form of life insurance that lasts for a fixed period of time: She has taken out term insurance for $89,000 on the mortgage on her new apartment. You will need to buy a term assurance to pay off the loan in the event of your death. a term insurance policy/plan
(Definition of term insurance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of term insurance?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “term insurance”

Definitions of “term insurance” in other dictionaries

Translations of “term insurance”

Word of the Day

debut

the occasion when someone performs or presents something to the public for the first time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More