HomeDefinitionsCompareDebt Renewable term life insuranceThe financial definition for Renewable term life insurance:A policy for a stated period that may be renewed if desired at the end of the term. Similar MatchesAnnual renewable term insuranceAnnual renewable term insuranceSee: Term insurance. Guaranteed renewable policy insuranceGuaranteed renewable policy insuranceA type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same change is applied to all policyholders. Click to compare definitions of Renewable term life insurance Click to view definitions beginning re |