You maybe able to exchange it for another term policy or convert it to a cash value life insurance policy, renew the policy every 1 to 5 years, or cancel the policy. Majority of term policies expires at age 95, not at the end of the initial term.
Full Definition of DERAILLEUR. : a mechanism for shifting gears on a bicycle that operates by moving the chain from one set of exposed gears to another. See derailleur defined for English-language learners. See derailleur defined for kids.
Top definition. enforcer. A violent guy hired to kill, intimidate or beat people for money, usually looks like a pugilist, wears agressive clothes (punk style, rocker style, gangsta style or like a bodyguard) and a fuckin' attitude that can intimidate anyone just to look at him.