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 Damaged Property?

Damaged property during the claims process shouldn't be thrown away.

Good Health is Good Business

Good employee health can be great for the company’s bottom line.

The Cost of Medical Care

Learn about the risks of not having health insurance in this informative article.