decreasing term insuranceglossary / decreasing term insurance Insurance that declines in value during the term; esp., life insurance that lessens in value to zero by the end of the term. 词条贡献者 双语律师李明,国际知名法学院法律专业,擅长翻译各类与政府监管相关的法律文件。
decreasing term insurance decreasing term insurance, 递减定期寿险 decreasing term insurance 递减定期寿险 一种定期寿险,其保费始终不变,但保单面值逐渐减少。有时也称为家庭保护方案〔home protection plan〕,因为保单面值减少很像房屋抵押款的减少。这是人寿保险的一种,它规定在合同期间,死亡保险金逐渐减少,直至保险期末为零。