Slow oxidation. Burning without noticeable heat or light. Chemical change of a single substance into two or more different substances.
Tag: RAW
Decrease in coverage
Reduction of insurance benefits by the insurance company.
Decreasing Term
This is a type of term life insurance where the amount of the death benefit decreases while the premium remains the same for the term of the contract. It is often used to provide protection for a debt the insured has incurred such as a mortgage.For example, a 10-year, $100,000 decreasing term life policy would decrease in protection at $10,000 per year as a debt is paid down. At the end of the year 10, the value of the policy is zero and the coverage expires. (See Term Insurance).
Decreasing term (Life Insurance)
Coverage with a death benefit that declines to a zero balance throughout the term.
Decreasing term assurance
a variety of term assurance under which the sum assured decreases during the term of the policy, often in line with repayment of mortgage debt.
Decreasing term insurance
Type of term life insurance in which the amount of death benefit (coverage) decreases from the date the policy comes into force to the date the policy expires.
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UK: A term insurance under which the sum payable on death decreases each year by predetermined amounts. If the insured survives the whole of the policy term nothing is payable by the insurers who retain all premiums. See FAMILY INCOME BENEFITS; MORTGAGE PROTECTION.
Decreasing term insurance (Life Insurance)
A term life insurance policy where the premium stays the same but the death benefit decreases.
Decrement
Gradual diminution in the number of participants in a pension plan due to retirement, disability, death, or termination.
decubitus (DEC)
1. Recumbent or horizontal position, as lateral decubitus, lying on one side. 2. Decubitus ulcer (bedsore).
Dedicated telephone line
Telephone line with the sole purpose of transmission of insurance claims to a specific insurance carrier.