Etymologically, the caper and its relatives in several European tongues can be traced back to Classical Latin capparis, âcaperâ, in turn borrowed from the Greek ÎºÎ¬ÏÏÎ±ÏÎ¹Ï, kapparis, kÃ¡pparis whose (origin as that of the) plant is unknown but is Probably. asian
Decreasing Term. level premium and a death benefit that decreases each year over the duration of the policy term, primarily used when coverage is time sensitive used to pay mortgage or other debts. non renewable since the death benefit at the end of the policy term is 0. Whole Life Insurance.
Term. Term Insurance is the simplest form of life insurance. It pays only if death occurs during the term of the policy, which is usually from one to 30 years. Most term policies have no other benefit provisions. There are two basic types of term life insurance policiesâlevel term and decreasing term. 1  Level term means that the death benefit stays the same throughout the duration of the policy.