Insurance

What is a Term?

Term

[turm]

noun

1.

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.

 

Related Content

What is Underwriting?

What is Underwriting?

Do you know what Underwriting is?

Identity Theft Insurance: A Guide

Identity Theft Insurance: A Guide

Identity Theft is one of the biggest risks of our time. Find out how ID Theft Insurance can help you stay in the clear.

Breaking Down the Parts of Medicare

Breaking Down the Parts of Medicare

Medicare is broken down into four specific parts—but what do they mean? This article will help you understand each piece.