level term assurance

noun

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

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Meanings

nounlevel term assurance (uncountable)

alternative LTA

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

level term assurance. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/level%20term%20assurance

MLA

“level term assurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/level%20term%20assurance. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “level term assurance,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/level%20term%20assurance.

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