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?

Caring for Aging Parents

As our nation ages, many Americans are turning their attention to caring for aging parents.

How Your Credit May Affect Your Life Insurance Premiums

This article is perfect for helping you explore the surprising connection between your credit score and life insurance costs.

Comparing Mortgage Terms

Estimate the total cost in today's dollars of various mortgage alternatives.