English - Turkish
Definition of term life insurance in English Turkish dictionary
- term insurance
- (Ticaret) vadeli sigorta
Related Terms
English - English
Definition of term life insurance in English English dictionary
- term insurance
- Protection during limited number of years; expiring without value if the insured survives the stated period, which may be one or more years but usually is five to twenty years, because such periods usually cover the needs for temporary protection
- term insurance
- Insurance for a specified term providing for no payment to the insured except upon losses during the term, and becoming void upon its expiration
- term insurance
- Life insurance under which the benefit is payable only if the insured dies during a specified period See also convertible term insurance, credit life insurance, decreasing term insurance, deposit term insurance, family income insurance, increasing term insurance, level term insurance, mortgage redemption insurance, and renewable term insurance
- term insurance
- The simplest and least expensive kind of life insurance, term provides protection for a specific period of time
- term insurance
- Life insurance under which the benefit is payable only if the insured dies during a specified period If the insured survives beyond that period, coverage ceases The type of policy does not build up any cash or nonforfeiture values
- term insurance
- Life insurance that does not build up cash value and where the premium normally increases as the insured gets older
- term insurance
- Term life insurance is life insurance coverage at a guaranteed rate for a specified period of time (Example: 30 year level term would guarantee a level premium for 30 years based on a specified death benefit) Term life insurance is usually the least expensive form of life coverage
- term insurance
- The type of Life Insurance policy that provides protection only for a specified period of time A common policy period would be one year, five years, 10 years, or until the insured reaches age 65 or 70 It does not build up any of the nonforfeiture values associated with Whole Life policies Contrast with Whole Life Insurance (LI)
- term insurance
- Type of life insurance that provides temporary protection for a specified number of years
- term insurance
- Provides a death benefit only, no build up of cash value
- term insurance
- Insurance providing coverage for losses to the insured during a stated period but becoming void upon its expiration
- term insurance
- A no-nonsense life insurance plan that calls for low annual payments ("premiums") that will increase as you get older See also Whole life insurance
- term insurance
- A type of life insurance policy that covers only a specified period of time, rather than the whole or remainder of the insured's life Often that period of time is a set number of years, such as 1, 10, or 20 years At other times, the policy is written for a term that expires at a specified age, for example when the insured turns 65
- term insurance
- provides policyholder with protection only The policy is designed pay out if the policyholder dies within the specified number of years (the term) If you live beyond the term you do not receive any payment This is thought to be the cheapest type of insurance
- term insurance
- Term insurance is life insurance that is in force for a specific time period, or term It expires without value if the insured survives the time period specified
- term insurance
- A plan of insurance that covers the insured for only a certain period of time not for his or her entire life The certificate pays a death benefit only if the insured dies during the term
- term insurance
- A type of insurance that is in force for a specified period of time
- term insurance
- Insurance that covers the insured for a certain period of time known as the "term " The policy pays death benefits only if the insured dies during the term, which can be one, five, 10 or even 20 years
- term insurance
- Life insurance payable to a beneficiary only when an insured dies within a specified period
- term insurance
- Life insurance under which the death benefit is payable only if the insured dies during a specified period of time Term insurance policies do not build up cash value, but they may offer conversion and renewable features
- term insurance
- Life insurance policy that does not build up cash value and where the premium normally increases as the insured gets older
- term insurance
- Provides a death benefit only, no build-up of cash value
- term insurance
- The type of life insurance that provides protection for a specified period of time It usually has no real cash build up
- term insurance
- The type of Life Insurance that is quoted by InstantQuote It is the type of life insurance that provides protection for a specified period of time InstantQuote quotes 5 year, 10 year, 15 year, 20 year, 25 year and 30 year term It usually has no real cash build up
- term insurance
- low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value; "term insurance is most often associated with life insurance policies"
- term insurance
- Life insurance providing a death benefit for a limited period of time on the life of the insured and expiring without value after the stated period
Related Terms
term life insurance
Hyphenation
term life insur·anceTurkish pronunciation
tırm layf înşûrınsPronunciation
/ˈtərm ˈlīf ənˈsʜo͝orəns/ /ˈtɜrm ˈlaɪf ɪnˈʃʊrəns/
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