Search results
- 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.
Powered by Oxford Languages
Jan 11, 2024 · Term life insurance guarantees payment of a stated death benefit to the insured's beneficiaries if the insured person dies during the specified term.
Jul 9, 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...
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...
Apr 5, 2024 · What is term life insurance? 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...
Apr 24, 2024 · Term life insurance is cheaper than whole life and covers you for a set period of time. Whole life insurance typically lasts your entire life and can build cash value, which makes it a...
Jul 9, 2024 · Term life is the simplest type of life insurance. It covers you for a set number of years. If you die within the term of the policy, your life insurance beneficiaries receive a death...
Jul 11, 2024 · There are two main differences between term and whole life insurance: Premiums and cash value. Term life insurance lets you lock in level premium payments for the term length, such as 20...
Jul 4, 2023 · 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.
Jun 5, 2023 · Term life insurance is a type of insurance that covers a policyholder for a set period, generally 10 to 30 years. If the insured person dies within this period, their...
Nov 16, 2021 · Term life insurance pays out if the covered person dies within a set time frame. Learn how term life insurance works, including its pros and cons and alternatives.
