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单词 term life insurance
释义

term life insurance

noun
Life insurance that pays a benefit in the event of the death of the insured during a specified term. Compare with whole life insurance.When seeking insurance, don't rush into buying expensive permanent life insurance before considering if term life insurance sufficiently meets your needs....
  • Some insurers report an increased interest among older customers in term life insurance, which pays out a death benefit if you die while the policy is in effect.
  • No one buys term life insurance hoping the benefits will be paid out.
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更新时间:2024/9/22 11:23:01