InsuranceTerm insurance Principal Declaration Hull insurance Death Benefit Excess of loss reinsurance
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
Understand the meaning and definition of Term insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Principal in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Declaration in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Hull insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Death Benefit in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Excess of loss reinsurance in the context of stock market, trading, and investments.
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