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TeachMeFinance.com - explain Term Insurance Term Insurance The term 'Term Insurance ' as it applies to the area of Medicare in the United States can be defined as ' A type of insurance that is in force for a specified period of time'. Previous 5 Terms: Teratoma Terawatthour tergal term Term agreement Next 5 Terms: Terminal Terminal Aerodrome Forecast Terminal elevator Terminal location Terminal market About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.