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?

A Deep Dive Into Deductibles

Your deductible does more than lower your premium. Here's what it's actually telling you about your coverage.

What is a Premium?

Do you know what a Premium is?

Protecting Your Home Against Flood Loss

Protect yourself against the damage that your homeowners policy doesn’t cover.