policy term
41term policy — Insurance. a policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance. [1895 1900] * * * …
42term insurance. — an insurance policy that provides coverage for a limited period, the value payable only if a loss occurs within the term, with nothing payable upon its expiration. [1895 1900] * * * …
43Policy asset allocation — A long term asset allocation method, in which the investor seeks to assess an appropriate long term normal asset mix that represents an ideal blend of controlled risk and enhanced return. The New York Times Financial Glossary …
44term assurance — temporary assurance A life assurance policy that operates for a specified period of time. No benefit is paid if the insured person dies outside the period. This form of insurance is often used to cover the period of a loan, mortgage, etc. If the… …
45term insurance — /tɜm ɪnˈʃɔrəns/ (say term in shawruhns) noun an insurance policy taken out on an individual life, for a specified number of years, to cover a temporary need …
46term policy — See term insurance …
47term rate — noun : the reduced rate that applies to a term policy …
48term insurance. — an insurance policy that provides coverage for a limited period, the value payable only if a loss occurs within the term, with nothing payable upon its expiration. [1895 1900] …
49policy asset allocation — Way in which an investor seeks to assess an appropriate long term normal mix of assets that represents an ideal blend of controlled risk and enhanced return. Bloomberg Financial Dictionary …
50paid-up policy — An endowment assurance policy in which the assured has decided to stop paying premiums before the end of the policy term. This results in a surrender value, which instead of being returned in cash to the assured is used to purchase a single… …
