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 life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.