term insurance

Noun

A type of life insurance policy that provides coverage for a certain period of time, or a specified 'term' of years.

ریشه

From English 'term' meaning a fixed period of time and 'insurance' meaning a practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death.

مثال

• He decided to buy a term insurance policy to secure his family's future.
• Term insurance is generally less expensive than permanent life insurance.
• She renewed her term insurance policy for another ten years.

ترکیب‌های رایج

Buy term insurance Renew term insurance Term insurance policy Term insurance plan Term insurance coverage