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- Dictionaryterm life in·sur·ance
noun
- 1. life insurance that pays a benefit in the event of the death of the insured during a specified term.
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Jan 11, 2024 · Term life insurance provides a death benefit that pays the beneficiaries of the policyholder throughout a specified period of time. Once the term expires, the policyholder can...
Jun 7, 2024 · Term insurance is a life insurance product, which offers financial coverage to the policyholder for a specific time period. In case of death of the insured individual during the policy term, the death benefit is paid by the company to the beneficiary.
Aug 1, 2023 · Term life insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years. If the insured...
Jun 19, 2023 · Term insurance is an essential type of life insurance that provides coverage for a specific period. The type of term insurance you choose depends on your situation and needs. Life insurance is an important part of financial planning, as it helps you to preserve your finances during your lifetime and beyond.
Mar 20, 2023 · Term insurance is a basic financial security tool for an individual to park and save money to safeguard the future of the nominee (s) in case of any unforeseen event.
Mar 13, 2024 · Term life insurance is a contract between a policyholder and an insurance company that says if the insured person passes away within the time period of the policy, the insurer will...
Mar 28, 2024 · A term life insurance policy is a contract that lasts for a set period of time (usually between 10 to 30 years) where the insurance company pays your beneficiaries a lump sum if you die while the policy is active. By.
Apr 5, 2024 · Term life insurance offers temporary coverage for a specific period of time, such as 10, 20 or 30 years. As long as you keep up with your premium payments, your insurer will pay a...
Jan 10, 2024 · Term life insurance is a policy that offers coverage for a specified number of years. If the insured person passes away within the time frame, their beneficiary receives the death benefit. Find Cheap Life Insurance Quotes in Your Area. Currently insured? Yes No. Find Insurers. It's free, simple and secure. How does term life insurance work?
Mar 25, 2024 · Term life insurance is temporary coverage that lasts for a set period of time, such as 10 or 20 years. It’s the cheapest type of life insurance and sufficient for most people.
