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Home > QFINANCE Dictionary > Definition of convertible term assurance

Definition of

convertible term assurance

Insurance

extendable life insurance life insurance with an agreed termination date that the policyholder can convert to insurance until death under specific conditions.

Related definitions of "convertible term assurance"

convertible term assurance - Related Articles

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Definitions of ’convertible term assurance’ and meaning of ’convertible term assurance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’convertible term assurance’ and other financial terms with our online QFINANCE Financial Dictionary.

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