- straight term insurance policy
- Term life insurance policy providing a fixed-amount death benefit over a certain number of years. Bloomberg Financial Dictionary
Financial and business terms. 2012.
straight term insurance policy
Look at other dictionaries:
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
policy — I n. plan principle 1) to adopt, establish, formulate, set a policy 2) to adhere to, follow, pursue; carry out, implement a policy 3) to form, shape a policy 4) a cautious; clear, clear cut; conciliatory; deliberate; established, set; firm;… … Combinatory dictionary
life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance … Law dictionary
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