Found 2 items, similar to term insurance.
English → English (WordNet) Definition: term insurance term insurance n : 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”
English → English (gcide) Definition: Term insurance Term insurance \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. [Webster 1913 Suppl.]