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 Best of Both Worlds

Here are a few reasons we’ve chosen to be independent.

Did You Know This Fact About Claims Advances?

If a fire forces you out of your home, you can ask for a claim advance.

Long-Term-Care Protection Strategies

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