These are word's definitions related to decreasing-term-assurance. Click on any word to go to its word's detail page. Or, go to the definition of decreasing-term-assurance.
0 a life insurance agreement in which the amount paid over a fixed period of time is low and remains the same, while the amount received on death becomes less each year:
Alternatively, you could opt for decreasing term assurance, where the sum reduces over the term of the policy.
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May 10, 2021
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