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term policy

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WordReference Random House Unabridged Dictionary of American English © 2026

term′ pol′icy, [Insurance.]

Businessa policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance.

1895–1900

🗣️Forum discussions with the word(s) "term policy" in the title:

a policy taken out with an insurer and in term
public salience [term relating to public policy]]

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