Meaning Of The Word Decreasing term insurance

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What's the definition of Decreasing term insurance? Find Decreasing term insurance meanings, definitions and more at the Real Dictionary online.

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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