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Level term insurance

Life Insurance policy whose face value does not change but whose premiums gradually rise over time.

Related Terms: 3 Insurance, Insurance policy, Policy
Other Related Pages: Category: Insurance Starting With: L
Additional Related Terms: Accreted value, Amortization of premium, Amortized value, All or any part, Accommodative monetary policy, Adjustable life insurance, All-risks coverage, As is, Attorney in fact, Average life