decreasing term assurance

Noun

uncountable

(insurance) Term assurance with a sum assured that decreases over the term of the contract.

Japanese Meaning

契約期間中に保障額が段階的に減少していく定期保険

Many young families choose decreasing term assurance to cover their mortgage during the early years.

多くの若い家族は、契約期間中に保険金額が徐々に減少する定期保険を選び、初期の数年間の住宅ローンをカバーします。

Sense（1）

(insurance) Term assurance with a sum assured that decreases over the term of the contract.