Term insurance
Market basicsAlso called: Term plan
Pure life cover for a fixed period, with no maturity or investment value.
In plain terms
The only kind of life insurance worth buying: maximum cover, minimum premium, nothing bundled.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Pure life cover for a fixed period, with no maturity or investment value.
The only kind of life insurance worth buying: maximum cover, minimum premium, nothing bundled.