Straight term insurance policy


 

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Straight term insurance policy

Term life insurance policy providing a fixed-amount death benefit over a certain number of years.



Straight term insurance policy

Similar Matches

Unemployment insurance

Unemployment insurance

Another form of income protection, but one that does not cover any form of sickness, injury or disability. The purpose of this type of policy is to replace income lost through a short to medium term period of redundancy. It provides you with a monthly tax-free income to cover a portion of your lost earnings. It is often sold in conjunction with the accident, sickness and disability element of income protection policies, in which case it is known as Accident, Sickness and Unemployment (ASU).


Insurance policy

Insurance policy

A contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy.


Comprehensive insurance

Comprehensive insurance

A term used to describe an insurance policy in which a wide range of risks are covered.


Term insurance

Term insurance

Provides a death benefit only, no build up of cash value.


Holiday insurance

Holiday insurance

A policy which covers the insured and usually his/her family for the duration of their holiday. Items covered normally include travel delays, unavoidable cancellation, baggage loss and damage, loss of personal items including cash and credit cards, personal accident and medical expenses abroad etc.


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