TERM INSURANCE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does term insurance mean? 

• TERM INSURANCE (noun)
  The noun TERM INSURANCE has 1 sense:

1. low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value

  Familiarity information: TERM INSURANCE used as a noun is very rare.

 Dictionary entry details 

• TERM INSURANCE (noun)

Sense 1

Meaning:

Low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value

Classified under:

Nouns denoting possession and transfer of possession

Context example:

term insurance is most often associated with life insurance policies

Hypernyms ("term insurance" is a kind of...):

insurance (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)