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?

Forecast

Life is as unpredictable as the weather. We’d love to help you prepare.

What is Loss of Use?

Do you know what Loss of Use is?

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.