| 释义 |
decreasing term assurance
noun[ U ]
ukus(alsodecreasing term life assurance); (decreasing term insurance)
INSURANCE
a life insurance agreement in which the amount paid over a fixed period of time is low and remains the same, while the amount received on death becomes less each year:
Alternatively, you could opt for decreasing term assurance, where the sum reduces over the term of the policy.
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