noun. The definition of centripetal force is what allows something to move in a curved path by pulling whatever is going around in a circle into the middle of the circle. An example of centripetal force is the rotation of the Earth around the Sun.
Level Term Insurance. A term life insurance policy in which premiums remain the same throughout the term. Most level term policies have lives of 10 or 20 years, but this is not always the case. The distinguishing feature is that both the death benefit and the premium are fixed for the life of the policy.ith a level term life insurance policy, your annual premium remains the same for the term, which may be as long as 10 or 20 years.
We concentrate on level term life insurance because it fits the definition of what works to address the risk for which we need life insurance in the first place. Let's look at the benefits and structure of level term life insurance. First, what does level mean when discussing life insurance and what's the alternative.