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.
Death Benefit Just as there is Increasing and Level Cost of insurance, there is also Increasing and Level Death Benefit. With an Increasing Death Benefit, your insured amount stays fixed, while your death benefit increases with the accumlated savings. Using an example of $500,000 Insured amount, plus $100,000 in the savings component, with an Increasing Death Benefit, the total payout would be $600,000 upon death.