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 must either forgo coverage or potentially obtain further coverage with different pay...
Found on
http://en.wikipedia.org/wiki/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.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglost.htm
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.
Found on
http://www.encyclo.co.uk/local/20047
Provides a death benefit only, no build up of cash value.
Found on
http://www.encyclo.co.uk/local/22402
No-frills life insurance, with neither cash surrender value nor loan value (an amount that can be used as collateral for a loan). Term life insurance provides a pre-set amount of coverage if the policyholder dies during the period of time specified in the policy. Policyholders usually have the option to renew at the end of the term for the period o...
Found on
http://www.nolo.com/dictionary/term-life-insurance-term.html
No exact match found.
