Silsbee, Texas. Silsbee is a city in Hardin County, Texas, United States. It is located at the intersection of U.S. Highway 96 and State Highway 327. The population was 6,611 at the 2010 census. It is part of the BeaumontâPort Arthur Metropolitan Statistical Area.
Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium.
âº the âagreement in which you âpay a âcompany âmoney and the âcompany âpays the âcost if you have an âaccident, âinjury, or âloss: âfire/âhealth/âlife insurance. (Definition of insurance from the Cambridge Academic Content Dictionary Â© Cambridge University Press). See all translations.