decreasing term life

Definition

Life insurance for which premiums are fixed but the benefit decreases each year.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms on BusinessDictionary

mortgage redemption insurance

Popular 'Insurance' Terms

escrow
annuity
OASDI
risk
comprehensive insurance

insurance
contingent beneficiary
coinsurance
insurance policy
insurance premium

decreasing term life in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

decreasing term life is ...

... part of the Insurance subject.

Nearby Terms

decimalization
declaration date
declare
decline
declining balance method
decreasing term life
decree
dedicated capital
deducted
deductible
deduction