NOUN | possession | term insurance | low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value |
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Meaning | low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value. | |
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Example | "term insurance is most often associated with life insurance policies" | |
Broader | insurance | promise of reimbursement in the case of loss |
Spanish | seguro temporal | |
Catalan | assegurança temporal |
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