MLchartDataset catalogue

Double protection

Term · Insurance and risk management · MLC-T-INS-001218

A life insurance plan that pairs a whole life policy with an equal amount of level term insurance for a stated period, often to age 65, so that death during that period pays twice the whole life amount. When the term period ends, coverage falls back to the whole life amount, which stays in force for life.

Table 1. Record
IdentifierMLC-T-INS-001218
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001218",
  "term": "Double protection",
  "field": "Insurance and risk management",
  "definition": "A life insurance plan that pairs a whole life policy with an equal amount of level term insurance for a stated period, often to age 65, so that death during that period pays twice the whole life amount. When the term period ends, coverage falls back to the whole life amount, which stays in force for life.",
  "url": "https://mlchart.com/terminology/insurance/double-protection/"
}

Record 1,044 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.