WordNet (3.0) WordNet (3.0)
(n) low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value, Example:term insurance is most often associated with life insurance policies
The Collaborative International Dictionary of English (GCIDE) v.0.53 Collaborative International Dictionary (GCIDE)
. Insurance for a specified term providing for no payment to the insured except upon losses during the term, and becoming void upon its expiration. [ Webster 1913 Suppl. ]
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