decreasing term assurance

noun

Term assurance with a sum assured that decreases over the term of the contract.

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Meanings

noundecreasing term assurance (uncountable)

alternative DTA

  1. uncountablebusinessTerm assurance with a sum assured that decreases over the term of the contract.
Cite this entry
APA

decreasing term assurance. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/decreasing%20term%20assurance

MLA

“decreasing term assurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/decreasing%20term%20assurance. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “decreasing term assurance,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/decreasing%20term%20assurance.

Source: decreasing term assurance on Wiktionary, CC BY-SA 4.0.