Insurance

What is a Term?

Term

[turm]

noun

The Term is the length of time a specific insurance Policy is effective. This feature is most commonly found in life insurance, where the Policy is only good for a specific length of time, or “term” of a person’s life.

Share |

Have A Question About This Topic?

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

What is a Policy?

Do you know what a Policy is?

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.