term assurance
Life insurance that pays out a lump sum benefit on the death of the life assured…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.
Meaning
1 senses(uncountable)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.
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable