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Meaning of term assurance | Babel Free

Noun CEFR B2

Definitions

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.

uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

term day term deposit term investment term limit term loan term logic

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