What happens at the end of a decreasing term life insurance?
What happens at the end of a decreasing term life insurance?
You buy decreasing-term life insurance for a specific period of time – the ‘term’. You then pay premiums on a monthly or annual basis, and the amount the policy pays out falls as the term goes on, also either month by month or year by year. By the end of the term, the amount paid out falls to zero. Dec 22, 2020
