Multiple Protection Insurance Law and Legal Definition
This insurance is a combination of Term and Whole Life Insurance that pays some multiple of the face during the period of the Term policy, becoming a regular Whole Life policy after the Term policy expires. The multiple protection period is the period during which both the Term and the Whole Life coverage is in effect.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- Access Protection
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
