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 Roof Safety?

A roof harness is essential if you're up on the roof making repairs.

A Guide to Insuring Valuables In Your Home

Your homeowners policy may not cover certain types of valuables. Here's what you can do to stay covered.

Assess Your Life Insurance Needs

This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.