Multiple protection insurance

Multiple protection insurance,

Definition of Multiple protection insurance:

  1. A mixture of term life and whole life insurance that pays out a multiple of the face value during the term policys period, and then turn into a whole life policy after the term is over. The period known as the multiple protection period is the time during which both policies are in effect.

Meaning of Multiple protection insurance & Multiple protection insurance Definition

Multiple Protection Insurance,

Multiple Protection Insurance Meanings:

Multiple Protection Insurance can be defined as, A combination of permanent and temporary life insurance that pays off many of the sum insured.

Literal Meanings of Multiple Protection Insurance

Multiple:

Meanings of Multiple:
  1. A number that can be divided by another number in which no one is left.

  2. Terminal management that allows one to connect to the circuit at one of the many locations.

  3. With or with multiple parties, elements or members.

Sentences of Multiple
  1. 15, 20 or the second multiple of five

  2. Double capture

Protection:

Meanings of Protection:
  1. Safety operation or safety condition.

Synonyms of Protection

sanctuary, shielding, conservation, lee, security, safe keeping, defence, safety, safeguarding, preservation, immunity, indemnity, shelter, refuge, insurance

Insurance:

Meanings of Insurance:
  1. The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.

  2. Anything that provides protection against possible emergencies.

Sentences of Insurance
  1. Adherence to high standards of personal conduct is the best protection against personal problems.

Synonyms of Insurance

surety, safeguard, protection, immunity, defence, preventive measure, shelter, precaution, security, safety measure, provision, cover, indemnity, financial protection, indemnification