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Definition of Term insurance
1. Noun. Low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value. "Term insurance is most often associated with life insurance policies"
Lexicographical Neighbors of Term Insurance
Literary usage of Term insurance
Below you will find example usage of this term as found in modern and/or classical literature:
1. Insurance, Principles and Practices by Robert Riegel, Henry James Loman (1922)
"It is evident that with the repayment of the loan the necessity for the policy
ceases, and under these circumstances term insurance furnishes the cheapest ..."
2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1903)
"On demand of the assured within a fixed period after default, he was given certain
other options; but in default of such demand the term insurance, ..."
3. The Tribune Almanac and Political Registerby Horace Greeley by Horace Greeley (1907)
"N'o premium issued after December 31, 1900, shall be valued as term insurance
unless premiums are based on net term rates, and no policy with level premiums ..."
Other Resources:
