A temperature-sensitive pellet type thermal fuse having a metal case (10); a first lead wire (L1) on an open end of the metal case (10) and insulated from the metal case (10); a second lead wire (L2) electrically connected to the bottom wall (12) of the metal case (10); a temperature-sensitive pellet (30) installed inside the case (10); a movable terminal (60) being in contact with the second lead wire (L2) and a fixed terminal (40) when below a fuse cutoff operation temperature, and being in contact with the metal case (10) but separated from the second lead wire (L2) when above the fuse cutoff operation temperature; the movable terminal (60) having a movable contact element (50) slidably contacting with the inner wall of a through hole (41) of the fixed terminal (40) to electrically connect to the fixed terminal (40).