Term insurance
Provides a death benefit only, no build-up of cash value. ...
term insurance
Life insurance without a cash value.
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Business Definition for: term insurance
Dictionary of Insurance Terms
term insurance ...
Term insurance
Definition: [crh] Provides a death benefit only, no build up of cash value.
Level Term Insurance
Level term insurance is a type of term life insurance policy that pays a pre-determined death benefit with a face value that remains the same throughout the term of the level term insurance policy.
Deposit Term Insurance
Not really involving a deposit, this is a kind of term insurance where the premium for the first year is greater than that payable in subsequent years.
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DECREASING TERM INSURANCE - With decreasing term insurance, you purchase life insurance for a specific ...
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convertible term insurance
Definition 1.
An insurance policy in which the insurer is required to renew the policy for a specified amount of time regardless of changes to the health of the insured.
Term insurance:
Life insurance which pays if death occurs within a stated period of time. There is not usually a cash value under a term insurance policy.
Term insurance
A term life insurance policy provides a guaranteed death benefit for a set period of time, such as five, ten, or 20 years, provided you continue to pay the premiums as they are due.
Term insurance
Life insurance policies that have no savings component. Sometimes called "pure insurance." They are renewable, in periods of one to 20 years, and usually cannot be obtained past about age 75.
Term insurance: Temporary life insurance that covers the policyholder for a specific time.
Term to 90 annuity: An annuity that pays a fixed amount each year until it is exhausted in the year that the annuitant turns 90.
Term Insurance. A type of life insurance issued for one or more years specified in the contract. As opposed to whole life, the policy does not build any cash value.
Term insurance
A type of life insurance where the benefit is paid only if death occurs within a specified period of time.
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Term Insurance
It is the insurance for a certain time period which provides for no defrayal to the insured individual, excluding losses during the period, and that becomes null upon its expiration.
Term insurance. Insures you for a certain amount of money for a fixed period of time and charges you an annual premium based on your age and the amount of coverage you're buying. There are five basic types of term insurance. They are as follows: ...
Term Insurance
A type of insurance policy that pays a death benefit if the insured dies within the given contracted period.
Level term insurance
A life insurance policy with a fixed face value and increasing premiums.
Leverage ...
Term insurance: The type of life insurance policy that provides coverage for a specified period of time (e.g., 10, 15, 20 or 25 years) or until the insured reaches the age specified in the insurance policy.
Term Insurance
This is a life insurance pure and simple. You choose the number of years (the term) you are insured and the amount your survivors get if you die within that term.
A term insurance plan of life insurance products is only to provide you with life coverage during the period you have chosen as the term of that particular plan.
Term Vs Whole Life Insurance - Comparisons And Conclusion ...
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See: Term insurance.
Annual report
Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, as well as balance sheet, income statement, and cash flow statement information.
Level term insurance
With level term life insurance, you pay a preset premium each year over the entire term of your policy, often ten years.
EXTENDED TERM INSURANCE
A nonforfeiture provision that uses the cash value of a permanent life insurance policy as a single premium to purchase term insurance in an amount equal to the original policy.
Canadian Term Insurance Explained
by Ivon T. Hughes
Canadian term insurance may be a new idea for many people who think of whole life insurance as simply a policy you pay throughout your lifetime, ...
Decreasing Term Insurance
A type of annual renewable term life insurance that provides a death benefit that decreases at a predetermined rate over the life of the policy.
Decreasing Term Insurance: A term insurance policy with a death benefit that decreases over time. Decreasing term insurance is often used in conjunction with a mortgage or other amortized debt.
Like other term insurance policies, a convertible term policy remains in force for a specific period of time, or term, and can usually be renewed for an additional term, though the premiums typically increase with each renewal.
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Straight term insurance policy
Term life insurance policy providing a fixed-amount death benefit over a certain number of years.
Straight value
Also called investment value, the value of a convertible security without the conversion option.
Decreasing Term Insurance - Term life insurance in which the face value decreases in scheduled steps from the date the policy is initiated to the date the policy expires, while the premium remains stable.
level term insurance A particular life insurance policy whose face value does not change but whose premiums gradually rise over time. leverage In context, leverage and margin refer to the same thing. When a trader opens...
Level Term Insurance
See life assurance....(Read more)
Leverage
The use of borrowed funds at a fixed rate of interest in an effort to boost the rate of return from an investment. Increased leve...(Read more)
Leverage On A Warrant ...
that total monthly payment of P&I is the same. Different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.
Level term insurance ...
Annual renewable term insurance
See: Term insurance.
Annual report
Yearly record of a publicly held company's financial condition.
Yearly Renewable Term Insurance
Sometimes, simply called YRT, this is a form of term life insurance that may be renewed annually without evidence of insurability to a stated age.
Guaranteed Renewal ...
term insurance The simplest and least expensive kind of life insurance. It provides protection for a specific period of time, but does not accrue any cash value. testate The legal term for dying with a valid will.
A form of life insurance that combines term insurance protection with a savings feature.
All life insurance was originally term insurance. However, because term life insurance only pays a claim upon death within the stated term, ...
At this point, term insurance can easily be dropped.
the advantages of term insurance
Simple
Term life insurance, much like car insurance, is the essence of simplicity -- pay the premium, get covered for the term.
PLAN COMPLETION INSURANCE " A low cost, declining term insurance policy purchased by the owner of a contractual plan.
It is also known as a straight life policy. It differs in concept from term insurance which aims to cover a person's life within a give time frame. e.g. up to the age of 60, or 65 or 70 or whatever time frame you choose.
The association acted as agent for Eximbank offering short-and medium-term insurance coverage. In the fall of 1991, FICA Management Company, Inc.
monthly basis, we sometimes multiply this by 12 to express an annual rate of return. This is often called the annual percentage rate (APR). The annual percentage yield (APY) includes the effect of compounding interest.Annual renewable term ...
See also: Cash Surrender Value, Life Insurance, Permanent Life Insurance, Separate Account, Term Insurance, Universal Life Insurance, Whole Life Insurance
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Title insurance will protect the lender or the owner only from losses arising from prior events before signing the policy. This is in contrast to life term insurance or PMI which protect the lender and the owner from losses that have occurred during ...
term life insurance
A type of life insurance where the insured only pays for the cost of protection of death. No cash value is built up, so term insurance is cheaper; however, as the insured gets older, the cost of premiums increases.
 See also: Expense, Saving, Banks, Values, Death benefit
  
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