Term insurance


 

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Term insurance

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



Term insurance

Similar Matches

Private Mortgage Insurance

Private Mortgage Insurance

Insurance against a loss by a lender in the event of default by a borrower (mortgagor). The insurance is similar to insurance by a governmental agency such as FHA, except that it is issued by a private insurance company. The premium is paid by the borrower and is included in the mortgage payment.


Casualty insurance

Casualty insurance

Insurance which gives protection to a business or homeowner against property loss, damage and injury to a third party.


Guaranteed insurance contract

Guaranteed insurance contract

A contract promising a stated nominal interest rate over some specific time period, usually several years.


Guaranteed replacement cost coverage insurance

Guaranteed replacement cost coverage insurance

A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.


Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

In the US, the federal agency that acts as guarantor for funds deposited in member banks.


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