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  1. Dictionary
    term 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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  2. www.investopedia.com › terms › tTerm Life Insurance: What It Is, Different Types, Pros and Cons

    Oct 21, 2024 · Term life insurance provides a death benefit for a specified period of time that pays the policyholder's beneficiaries. Once the term expires, the policyholder can...

  3. www.investopedia.com › ask › answersWhat Is Term Insurance? How Does It Work, and What Are the Types?

    Jul 30, 2024 · 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 dies during the time...

  4. www.acko.com › life-insurance › what-is-term-insuranceWhat is Term Insurance? Importance, Benefits, Types & Features -...

    Sep 25, 2024 · Term insurance is a special type of life insurance that's there to watch over you and your loved ones. It offers protection for a specific period, ensuring that if anything unexpected happens to you during that time, your family will be financially supported.

  5. www.hdfclife.com › term-insurance-plans › what-is-term-insuranceWhat is Term Insurance? - HDFC Life Insurance

    Jul 22, 2024 · Term insurance is a type of life insurance that provides financial protection for a set period. If the policyholder passes away during this time, the insurance company pays a death benefit to the beneficiary. Before buying term insurance, it's important to understand its key features and why it might be a good choice.

  6. groww.in › blog › difference-between-term-insurance-and-life-insuranceTerm Insurance vs Life Insurance - Understanding Differences -...

    Jun 19, 2023 · Life insurance covers you and your family in the case of your death, whereas term insurance provides coverage during a chosen period. Overall, term insurance is associated with a more affordable price tag when compared to life insurance.

  7. www.financestrategists.com › insurance-broker › life-insuranceTerm Life Insurance | Definition, Features, Factors, Pros, & Cons

    Jul 4, 2023 · What Is Term Life Insurance? Term life insurance is a type of life insurance policy that provides coverage for a specified term, typically ranging from 10 to 30 years. If the insured individual dies during the term, the policy pays a death benefit to the designated beneficiaries.

  8. www.forbes.com › advisor › life-insuranceWhat Is Term Life Insurance? – Forbes Advisor

    Oct 1, 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 pay a death...

  9. en.wikipedia.org › wiki › Term_life_insuranceTerm life insurance - Wikipedia

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

  10. www.nerdwallet.com › article › insuranceTerm Life Insurance: What It Is and How It Works - NerdWallet

    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 sum of money...

  11. www.valuepenguin.com › life-insurance › what-is-term-life-insuranceWhat is Term Life Insurance? - ValuePenguin

    Aug 2, 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. Currently insured? It's free, simple and secure. How does term life insurance work? Should I buy term life insurance? How does term life insurance work?