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Insurance

Extended Term Insurance

Term insurance is a type of policy that offers an option to continue the insurance for a specific amount even after the policy has ended. This option is known as term insurance and is included in certain policies. It allows the insured to continue their coverage for a predetermined amount according to the policy's conditions. This is a valuable option to consider when choosing a policy and can provide additional security and peace of mind for the insured individual.

Related terms

Exposure doctrine

Understand the meaning and definition of Exposure doctrine in the context of stock market, trading, and investments.

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Self-insurance

Understand the meaning and definition of Self-insurance in the context of stock market, trading, and investments.

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Secondary Beneficiary

Understand the meaning and definition of Secondary Beneficiary in the context of stock market, trading, and investments.

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Conditions

Understand the meaning and definition of Conditions in the context of stock market, trading, and investments.

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Concurrent causation

Understand the meaning and definition of Concurrent causation in the context of stock market, trading, and investments.

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