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?

Snapshots

Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going.

Social Media: #NewestBusinessLiabilityRisk

Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.

Long-Term-Care Protection Strategies

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