| 单词 | convertible term insurance |
| 释义 | convertible term insurance in Insurance (kənvɜrtɪbəl tɜrm ɪnʃʊərəns) noun (Insurance: Life insurance) insurance , insurance , insurance A convertible term insurance is a life insurance policy which pays out if the policyholder dies within a specified period of time, but also allows them to convert to another type of plan. Once the term of a convertible term insurance has expired, the policyholder has the choice to convert the plan to a different typeof contract which can be a further term plan, an endowment, or a whole of life contract. A convertible term insurance can be converted to a permanent or whole life policy without evidence of insurability,subject to time limitations. A convertible term insurance is a life insurance policy which pays out if the policyholder dies within a specifiedperiod of time, but also allows them to convert to another type of plan. |
| 随便看 |
英语词典包含298861条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。