term assurance
term assurance noun: life insurance that pays out a lump sum benefit on the death of the life assured within the term of the policy, and nothing on survival to the end of the term.
Noun
term assurance (uncountable)
Forms of term assurance
| alternative form | TA |
|---|
Questions about term assurance
- What does term assurance mean?
- Term assurance means life insurance that pays out a lump sum benefit on the death of the life assured within the term of the policy, and nothing on survival to the end of the term.
- What part of speech is term assurance?
- Term assurance is a noun.
Words near term assurance in the dictionary
Source and license
Adapted from Wiktionary: term assurance (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “term assurance.” Word.ws, https://word.ws/term_assurance. Based on Wiktionary, CC BY-SA 4.0.
