Renewable Term Insurance Law and Legal Definition
Renewable Term Insurance is the insurance that the insured may continue at the end of a term, but generally at a higher premium. In such insurance, the insured usually has the right to renew for additional terms without a medical examination.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- 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]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
