Jargon Buster - Definition of Term Assurance

Please select your letter of choice below to see the list of terms:

Term Assurance

is a term often used to refer to a Term Life Insurance policy. Term Assurance policies offer a lump sum payout in the event of death within the specified term. Policies can be set on either a decreasing, level or increasing basis.


Please note that all definitions are intended for general guidance only. For official and current definitions you should always double check your policy wording.

If you are in doubt of the meaning of any terms, why not email us on info@topquoteuk.com

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