yearly renewable term

简明释义

每年更新期,每年续约期

英英释义

例句

1.For young families, a yearly renewable term 每年可续期的定期保险 can be an affordable option.

对于年轻家庭来说，每年可续期的定期保险可能是一个经济实惠的选择。

2.Many individuals prefer a yearly renewable term 每年可续期的定期保险 policy because it offers flexibility.

许多人更喜欢每年可续期的定期保险政策，因为它提供了灵活性。

3.When applying for a yearly renewable term 每年可续期的定期保险, make sure to disclose all relevant health information.

申请每年可续期的定期保险时，确保披露所有相关的健康信息。

4.The yearly renewable term 每年可续期的定期保险 is often cheaper than whole life insurance.

与终身保险相比，每年可续期的定期保险往往更便宜。

5.A yearly renewable term 每年可续期的定期保险 allows you to reassess your coverage needs annually.

一个每年可续期的定期保险让你每年重新评估你的保障需求。

作文

Understanding insurance can be quite challenging, especially when it comes to different types of policies and their terms. One term that often comes up in discussions about life insurance is the yearly renewable term. This type of insurance is unique because it allows policyholders to renew their coverage each year without undergoing a medical exam. The yearly renewable term is essentially a temporary life insurance policy that provides protection for one year at a time. At the end of each year, the policyholder has the option to renew the coverage for another year, typically at a higher premium as they age.The primary appeal of the yearly renewable term is its flexibility. Many people opt for this type of insurance because it allows them to secure life insurance coverage without committing to a long-term contract. This can be particularly beneficial for young individuals who may not want to invest in a whole life policy yet, or for those who are uncertain about their future financial situation. With the yearly renewable term, they can reassess their needs each year and decide whether to continue or adjust their coverage.Another important aspect to consider is the cost associated with the yearly renewable term. While the initial premiums may be lower compared to permanent life insurance policies, it is essential to understand that these premiums will increase as the insured person ages. This means that what may seem like an affordable option at first could become increasingly expensive over time. Therefore, it is crucial for individuals considering a yearly renewable term policy to evaluate their long-term financial plans and health status to avoid any surprises down the road.Moreover, the yearly renewable term can serve as a temporary solution for many people. For example, someone might need life insurance coverage while they are paying off a mortgage, raising children, or managing other financial obligations. In such cases, a yearly renewable term policy can provide peace of mind knowing that loved ones will be protected in the event of an unexpected tragedy. However, once the financial responsibilities diminish, individuals may choose to let the policy lapse or convert it into a different type of insurance.In addition, it is worth noting that some insurers offer the option to convert a yearly renewable term policy into a permanent policy after a certain period. This can be an attractive feature for those who initially preferred the flexibility of a term policy but later decide they want more permanent coverage. Understanding these options can help individuals make informed decisions based on their evolving needs and circumstances.In conclusion, the yearly renewable term is a valuable insurance option for many people, offering flexibility and temporary coverage without long-term commitment. However, it is crucial to weigh the pros and cons carefully and consider how it fits into one’s overall financial strategy. Whether you are young and just starting out or in a transitional phase of life, understanding the implications of a yearly renewable term policy can help you secure the right level of protection for you and your loved ones. As with any financial product, thorough research and consultation with a qualified insurance professional can provide clarity and guidance in navigating the complexities of life insurance.

理解保险可能非常具有挑战性，尤其是在讨论不同类型的保单及其条款时。在关于人寿保险的讨论中，一个常常出现的术语是年度可续期定期险。这种类型的保险是独特的，因为它允许投保人每年续保，而无需进行体检。年度可续期定期险本质上是一种临时人寿保险政策，每次提供一年的保障。每年结束时，投保人可以选择续保一年，通常随着年龄的增长而需要支付更高的保费。年度可续期定期险的主要吸引力在于其灵活性。许多人选择这种类型的保险，因为它让他们能够在不签订长期合同的情况下获得人寿保险保障。这对于年轻人特别有利，他们可能不想立即投资于终身保险政策，或者对未来的财务状况感到不确定。通过年度可续期定期险，他们可以每年重新评估自己的需求，并决定是否继续或调整其保障。另一个重要方面是与年度可续期定期险相关的费用。虽然最初的保费可能比永久人寿保险政策低，但了解这些保费会随着被保险人年龄的增长而增加是至关重要的。这意味着，起初看似负担得起的选项，随着时间的推移可能变得越来越昂贵。因此，考虑年度可续期定期险政策的个人必须评估他们的长期财务计划和健康状况，以避免未来的任何意外。此外，年度可续期定期险可以为许多人提供临时解决方案。例如，有人可能在偿还抵押贷款、抚养孩子或管理其他财务义务时需要人寿保险保障。在这种情况下，年度可续期定期险可以提供安心，确保在意外悲剧发生时，所爱的人将受到保护。然而，一旦财务责任减少，个人可能会选择让保单失效或将其转换为不同类型的保险。另外，值得注意的是，一些保险公司提供将年度可续期定期险保单在一定时期后转换为永久保单的选项。这对那些最初喜欢定期保单灵活性的人来说，后来决定需要更多永久保障的情况可能是一个吸引人的特征。理解这些选项可以帮助个人根据其不断变化的需求和情况做出明智的决策。总之，年度可续期定期险是许多人宝贵的保险选择，提供灵活性和临时保障，而无需长期承诺。然而，仔细权衡利弊并考虑它如何融入个人的整体财务策略是至关重要的。无论你是年轻人刚起步，还是处于生活过渡阶段，理解年度可续期定期险保单的影响可以帮助你为自己和所爱的人确保适当的保障。与任何金融产品一样，彻底的研究和与合格保险专业人士的咨询可以提供清晰度和指导，帮助您驾驭人寿保险的复杂性。