renewable term life insurance

См. также в других словарях:

• renewable term life insurance — A policy for a stated period that may be renewed if desired at the end of the term. Bloomberg Financial Dictionary …   Financial and business terms

• Term life insurance — or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client… …   Wikipedia

• Annual Renewable Term (ART) Insurance — A form of term life insurance that offers a guarantee of future insurability for a set period of years, although premiums are paid every year on the basis of a one year contract. As such, the premiums will rise over time as the insured person… …   Investment dictionary

• Term life insurance — A contract that provides a death benefit but no cash build up or investment component. The premium remains constant only for a specified term of years, and the policy is usually renewable at the end of each term. The New York Times Financial… …   Financial and business terms

• term life insurance — A contract that provides a death benefit but no cash build up or investment component. The premium remains constant only for a specified term of years, and the policy is usually renewable at the end of each term. Bloomberg Financial Dictionary …   Financial and business terms

• Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

• Renewable Term — A clause in a term insurance contract that allows the beneficiary to extend the coverage term for a set period of time without having to requalify for coverage. A renewable term is contingent on premium payments being up to date, as well as a… …   Investment dictionary

• Yearly Renewable Term - YRT — A one year term life insurance policy. This type of policy gives policy holders a quote for the year the coverage is bought. When you buy the yearly renewable term insurance policy, the premium you are quoted is for you at the given year that you …   Investment dictionary

• Long term care insurance — (LTC or LTCI), an insurance product sold in the United States and United Kingdom, helps provide for the cost of long term care beyond a predetermined period. Long term care insurance covers care generally not covered by health insurance, Medicare …   Wikipedia

• Yearly Renewable Term Plan of Reinsurance — A type of life reinsurance where mortality risks are transferred to a reinsurer. In the yearly renewable term plan of reinsurance, the primary insurer (the ceding company) yields to a reinsurer its net amount at risk (the difference between the… …   Investment dictionary

• Veterans Group Life Insurance - VGLI — A policy that pays cash to the beneficiaries of a deceased member of the armed forces who had completed his or her service. Veterans Group Life Insurance (VGLI) is for service members who have completed their service and wish to continue to have… …   Investment dictionary