term of insurance
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Term life insurance — or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client… … Wikipedia
term life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. term life insurance … Law dictionary
Term Life Insurance — A policy with a set duration limit on the coverage period. Once the policy is expired, it is up to the policy owner to decide whether to renew the term life insurance policy or to let the coverage end. This type of insurance policy contrasts with … Investment dictionary
term life insurance — life insurance for which premiums are paid over a limited time and that covers a specific term, the face value payable only if death occurs within that term. Cf. ordinary life insurance, term insurance. * * * … Universalium
term life insurance — life insurance for which premiums are paid over a limited time and that covers a specific term, the face value payable only if death occurs within that term. Cf. ordinary life insurance, term insurance … Useful english dictionary
Term life insurance — A contract that provides a death benefit but no cash build up or investment component. The premium remains constant only for a specified term of years, and the policy is usually renewable at the end of each term. The New York Times Financial… … Financial and business terms
term life insurance — A contract that provides a death benefit but no cash build up or investment component. The premium remains constant only for a specified term of years, and the policy is usually renewable at the end of each term. Bloomberg Financial Dictionary … Financial and business terms
Long term care insurance — (LTC or LTCI), an insurance product sold in the United States and United Kingdom, helps provide for the cost of long term care beyond a predetermined period. Long term care insurance covers care generally not covered by health insurance, Medicare … Wikipedia
Annual Renewable Term (ART) Insurance — A form of term life insurance that offers a guarantee of future insurability for a set period of years, although premiums are paid every year on the basis of a one year contract. As such, the premiums will rise over time as the insured person… … Investment dictionary
Group Term Life Insurance — A type of insurance coverage offered to a group of people. This coverage will provide a benefit to the beneficiaries if the covered individual dies during the defined covered period. As with other types of group benefits, group term life… … Investment dictionary
term insurance — n: insurance in effect for a set term; specif: term life insurance at life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
