Term life insurance is temporary, covering you for a fixed period of time, while whole life usually lasts a lifetime. Learn more now.
Term life insurance is affordable, but expires at the end of its term. Whole life insurance is permanent, but costs a lot more than term life. Here’s how to decide which type of policy is best for you.
Life insurance provides financial security for when things go wrong. In the case of life insurance, that would be the death of the policyholder. By ensuring that a policy is in place, the insured helps ease any potential financial burdens (at least, for a certain period of time) by providi...
定期寿险「Term Life Insurance」是一种在一定期限内,如5年、10年、20年,为投保人提供寿险保障的人寿保险产品。在这个时期结束后,投保人可以选择是否延续这份定期寿险(续保时保费会变高)或者让保单终止。 定期寿险的几个特点: - 保费低 - 通常可以续保 ...
Term life has a fixed term, while permanent life is lifelong, often until age 121. Discover which suits you in our guide on term vs. permanent life insurance.
group term life insurance 团体定期人寿保险 group life insurance n. 集体人寿保险 term insurance n. 定期人寿保险 for term of life 终身,一辈子 life insurance n.人寿保险,(保险公司偿副付的)人寿金 insurance for life 人寿保险,终身保险 group insurance n. 集体保险 term of an insurance poli...
英文中,term life insurance是保险行业的一个常见术语。你知道它具体的意思是什么吗?这里的term指的又是什么呢? 其实,term life insurance指的是:具有固定期限的人寿保险。保险期内,保险公司承诺对被保险人的人身意外进行赔付。一旦保险到期,被保险人可以选择是否续保,或终止保险。Term life insurance经常在美式...
Group term life insurance. Many employers offer free or subsidized group life insurance policies that last as long as an employee stays with the company. The death benefit is often equal to one or two years of an employee’s salary. Guaranteed issue. A type of no medical exam life insuran...
Another potential drawback of whole life insurance is its complexity. With a term policy, for example, you can simply stop making payments if you no longer need the insurance or can't afford it. Also, depending on your carrier, whole life policyholders may face a significantsurrender chargeif...
Term life insurance is a guaranteed life benefit paid to the insured's beneficiaries after death. Policies last for a specified term, usually 10, 15, 20 years or more.