- level term insurance
- Fina life insurance policy in which an agreed lump sum is paid if the policyholder dies before a certain date. A joint form of this life cover is popular with couples who have children.
The ultimate business dictionary. 2015.
level term insurance
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level term insurance — A life insurance policy with a fixed face value and increasing premiums. Bloomberg Financial Dictionary … Financial and business terms
Level-Premium Insurance — A type of term life insurance for which the premiums remain the same throughout the duration of the contract. The premium paid on this type of policy will be higher at the beginning of its life but lower towards the end of its life as compared to … Investment dictionary
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insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
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Annual Renewable Term (ART) Insurance — A form of term life insurance that offers a guarantee of future insurability for a set period of years, although premiums are paid every year on the basis of a one year contract. As such, the premiums will rise over time as the insured person… … Investment dictionary
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
