Lifetime Coverage

Author:

Published:

Updated:

« Back to Glossary Index

Definition of “Lifetime Coverage” :

“Lifetime Coverage” refers to an insurance policy that provides coverage to the policyholder for their entire lifetime. This type of coverage, often found in life insurance policies, requires regular premium payments and guarantees a death benefit payout to beneficiaries upon the policyholder’s death.

« Back to Glossary Index

Latest guides