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

资深译员Lynn，知名国际商学院金融专业，专注翻译各种与贷款人责任及其他银行业与金融机构诉讼有关的法律文件。