What is the definition of Annually renewable term policy? | Dictionary.net

ANNUALLY RENEWABLE TERM POLICY

\ˈanjuːə͡li ɹɪnjˈuːəbə͡l tˈɜːm pˈɒlɪsi], \ˈanjuːə‍li ɹɪnjˈuːəbə‍l tˈɜːm pˈɒlɪsi], \ˈa_n_j_uː_əl_i ɹ_ɪ_n_j_ˈuː_ə_b_əl t_ˈɜː_m p_ˈɒ_l_ɪ_s_i]\

Definitions of ANNUALLY RENEWABLE TERM POLICY

1910 - Black's Law Dictionary (2nd edition)

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A policy that covers for one year and can be continued with no evidence of insurability. AKA yearly renewable term policy.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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