Insurance   A layperson's glossary of insurance terminology.

#ABCDEFGHIJKLMNOPQRSTUVWXYZ

what is...
YEARLY RENEWABLE TERM
Term life insurance that gives the policyowner the right to renew the coverage at the end of each year. This renewal right continues for a specified number of years or until the insured reaches the age specified in the contract.

    Courtesy of the Insurance Glossary
    Copyright © 2006 by 20/20 Technologies