Meaning Term Life
What does Term Life mean? Here you find 3 meanings of the word Term Life. You can also add a definition of Term Life yourself
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Term LifeA type of life insurance that covers the insured for a specified period of time. Back to top
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Term LifeLife insurance in effect for a specified limited period if an insured dies within that period the beneficiary receives payment. If the insured survives the specified limited period, the beneficiary receives nothing.
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Term Lifeand Group) - Life insurance that provides protection for a specified period of time (term). Common policy periods are one year, five years, ten years. The policy does not build up cash value and typically terminates at a certain age.
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