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.

Have A Question About This Topic?

Did You Know This Fact About Smoke Detectors?

Do you know how often to change the batteries on your smoke detectors?

The Value of Insuring Against Life’s Risks

Building wealth requires protection from the forces of wealth destruction.

6 Reasons Millennials Should Buy Life Insurance

Life insurance is more than a savings account for your loved ones. Learn the ins and outs of this valuable financial asset and see why it is important no matter your age.