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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 guarantees payment of a stated death benefit to the insured's beneficiaries if the insured person dies during the specified term.
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,...
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.
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 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? 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.
3 days ago · Term life insurance is a type of life insurance policy that provides coverage for a predetermined number of years. When purchasing a term life policy, you’ll select a term...
Jun 18, 2024 · Term life insurance is a type of temporary, short-term life insurance that pays a death benefit to your beneficiaries should you pass away while the policy is in effect. A death benefit is a monetary sum that can provide a safety net to your family and loved ones in the form of some financial security upon your passing.
Apr 28, 2024 · Term life insurance is a type of life insurance policy that has a specified end date, like 20 years from the start date. The death benefit will only be paid out if the insured...
