Sentences with decreasing term insurance
de·creas·ing term in·sur·ance
D d - Coverage is in decreasing term insurance, so the amount of coverage decreases as the debt decreases.A big portion of the decreasing term insurance found today is in the form of mortgage life insurance, which pegs its benefit to the remaining mortgage on the insured's home.Decreasing term insurance is life insurance with the amount of coverage decreasing over the term of the policy and a lump sum payment if you die in advance.