All Junior Cert Business Studies posts
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    Help me please !!!! Sarah2014

    can anyone tell me the definition of term assurance.

    what is the difference between term and whole life assurance

    thank you

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      assurance is when you take out insurance and the thing what you are insuring will defiantly happen. e.g.: heath assurance to get a payment when you die (you know your defiantly going to die)

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      thank you but what is term assurance?

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      Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.

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      thanks a lot

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