term insurance

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  • noun

Words related to term insurance

low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value

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References in periodicals archive ?
The GWP of long term insurance business amounted to 20,414 million rupees (Q1, 2018:18,618 million rupees) while the GWP of general insurance business amounted to 26,015 million rupees (Q1, 2018: Rs.
A low uptake coupled with lack of awareness of term insurance, which is designed to offer financial protection to policyholders, is contributing to an overwhelming number of people feeling under protected, the survey found.
The Saint-Care Group, which provides comprehensive health care services, hears the voices from the field of nursing care and welfare, and in wanting to provide a "new support framework" that will be useful to those who truly need nursing care and their families, Saint-Plus Small Amounts and Short Term Insurance Co., Ltd.
They also have low premium, and by buying a term insurance plan, customers are also able to get good tax benefits.
Term insurance, that is convertible to universal life, can be an excellent prospect for a life settlement.
Buy term insurance when there is no way to satisfy the death need without it.
But, if one survives the policy term, term insurance would not provide any survival or maturity benefi ts.
If you're attracted to the investment portion of cash value insurance, know that you can always buy less-expensive term insurance and invest the difference on your own.
As our clients with term insurance approach the end of their policies and the beginning of their retirement, we need to help them shift their focus to the permanent needs that they will be facing throughout retirement, and encourage them to convert an appropriate amount of their term insurance as early as possible, effectively "locking in" a more cost effective premium in retirement.
Term insurance wasn't very prevalent in those days.
We find that term insurance demand is positively correlated with measures of bequest motives like being married, having children, and/or subjective measures of strong bequest motives.
LIC of India provides life insurance products like term insurance, retirement plans, children plan, unit linked plans, medical insurance and more.
Recently I have been talking about various sorts of Term Insurance. This week we will look at whole of life insurance policies.
Manulife International's Taiwan Branch recently launched two new products, a non-par decreasing term insurance product and a hospitalisation and surgical rider.