renewable term insurance

Insurance that the insured may continue at the end of a term, but generally at a higher premium.

• The insured usu. has the right to renew for additional terms without a medical examination.

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词条贡献者

法律翻译Carl，知名法学院法律英语专业，专注翻译各类与复杂商业纠纷有关的法律文件。