A term policy is a form of life insurance that is the least expensive method of insuring that if one dies during the term, the money will be given to a beneficiary.
What is the purpose of a contract?
Purpose of foreign policy
the purpose of the national policy was to streghten canada.
Yes, if you are the beneficiary, you can use the life insurance benefit for any purpose.
The purpose of the International monetary policy is tho survey the global economy.
The purpose of the International monetary policy is tho survey the global economy.
In a term policy if you outlive the term of your policy, no benefits are paid. For example, if you buy a 20 year term life insurance policy, and you are alive at the end of the policy, no death benefit is paid out. -ex
A term policy that can be converted to a whole life (or other) policy.
a policy can be paid out upon death of the life insured, maturity (if the policy has a term and is with profit) or via cash surrender (for a lower value) as long as the policy is with profit and is not a assurance term policy
It amends the policy
Purpose of foreign policy
No, because Term Life insurance policy has NO cash value.