Voorbeelden van term insurance

• It should be seen in the context of government policy on exports in general and on medium to long term insurance and project finance in particular.

• In the early years, the company focused on offering term insurance to individuals as an alternative to whole life products.

• Generally speaking term insurance premiums are considerably less expensive in the short term than permanent life insurance for an individual for the same benefit amount.

• However, the premium costs for term insurance are substantially lower than those for permanent insurance.

• Another common type of term insurance is "mortgage life insurance", which usually involves a level-premium, declining face value policy.

• Also, purchasing annual renewable term insurance can add complexity to long-term investment strategies because premiums increase as the insured ages (so don't do this).

• Insurance industry studies indicate that the probability of filing a death benefit claim under a term insurance policy is low.

• Customers could only get the mortgage if they paid the term insurance simultaneously.