Learn about retroactive conversion in life insurance. Discover how it allows the conversion of a term life policy to a cash value form with retrospective effect.
Learn about Level Term Insurance, a type of term life policy where both the death benefit and premiums remain unchanged for the duration of the contract.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.