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?

Flood Insurance: What Homeowners Need to Know

Even if you’re not living in a “high-risk” area, here’s why you may want to consider flood insurance to protect your home or business.

Medicare Advantage 101

Overview of Medicare Advantage, what’s in them, special rules, and more.