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?

Your DNA Test

If your family relies on your income, it’s critical to know what their needs would be in the event of your death.

What is a Premium?

Do you know what a Premium is?

Disability Income

This calculator estimates your chances of becoming disabled and your potential need for disability insurance.