Meaning Of The Word Decreasing term insurance

Real Dictionary

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Decreasing term insurance Meaning

Decreasing term insurance Definition
Decreasing term insurance Definition

What's The Definition Of Decreasing term insurance?

decreasing term insurance in American English
noun: a life insurance policy providing a death benefit that decreases throughout the term of the contract, reaching zero at the end of the term
noun: Decreasing term insurance is life insurance with the amount of coverage decreasing over the term of the policy and a lump sum payment if you die in advance.

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