A simple life assurance policy that pays out on death of the customer during the time period specified by the policy.
Found on
http://www.encyclo.co.uk/local/20174
This is life assurance which pays out the insured sum on the death of the policy holder providing it occurs within the policy term. This is a common method to protect the mortgage in the event of death and to ensure that the mortgage debt is repaid. The most common types of this insurance are Mortgage Protection or Level Term Assurance. Mortgage pr...
Found on
http://www.encyclo.co.uk/local/20194
An insurance policy that is designed to pay out a lump sum in the event of Death and/or critical illness during a specified period.
Found on
http://www.encyclo.co.uk/local/20464
A form of life insurance which pays out a lump sum if the policyholder dies within a fixed period of time
Found on
http://www.encyclo.co.uk/local/22643
This is an insurance policy designed to repay the mortgage on the death of the insured person. Level Term Assurance covers a principal sum throughout the policy term and pays out the full amount on death. Reducing Term Assurance is designed to repay the balance outstanding on a repayment type mortgage upon death. Term Assurance may also pay out early on the diagnosis of a terminal illness....
Found on
http://www.encyclo.co.uk/visitor-contributions.php
A life insurance policy in which cover is provided for a specified period of time (the term). The... <a target=_blank href='http://www.finance-glossary.com/terms/term-assurance.htm?id=1428&ginPtrCode=00000&PopupMode=false' title='Read full definition of term assurance'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
No exact match found.
