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?

Life Insurance Explained

Looking to learn about life insurance? This comprehensive article is a great place to start.

What is Loss of Use?

Do you know what Loss of Use is?

What Is My Current Cash Flow?

Assess whether you are running “in the black” or “in the red” each month.