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?

If a Pipe Breaks

Learn what to do when a pipe bursts with this helpful video flooded with smart tips.

What is Blanket Coverage?

Do you know what Blanket Coverage is?