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.
Unlike a whole life insurance policy that can cover you from the cradle to the grave, term insurance, as its name suggests, only provides coverage for a set period of time. What happens when your term life insurance policy comes to the end of its term depends on the provisions of your policy. Term life insurance is designed to provide financial compensation to your beneficiaries in the event of your death during a specified period of time. The length of this term is defined by your policy, such as 10, 20 or 30 years. Once your policy matures, or reaches the end of its term, it ceases to exist. Your term life insurance policy expires and your coverage stops.