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.

Share |

Have A Question About This Topic?

Related Contents

Coaches

Coaches have helped you your whole life, in ways big and small. We’d like to be one of them.

What is an Agent?

Do you know what an Agent is?

Protecting Those Who Matter Most

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

!important