noun. The definition of centripetal force is what allows something to move in a curved path by pulling whatever is going around in a circle into the middle of the circle. An example of centripetal force is the rotation of the Earth around the Sun.
Level Term Insurance. A term life insurance policy in which premiums remain the same throughout the term. Most level term policies have lives of 10 or 20 years, but this is not always the case. The distinguishing feature is that both the death benefit and the premium are fixed for the life of the policy.ith a level term life insurance policy, your annual premium remains the same for the term, which may be as long as 10 or 20 years.
Decreasing Term. level premium and a death benefit that decreases each year over the duration of the policy term, primarily used when coverage is time sensitive used to pay mortgage or other debts. non renewable since the death benefit at the end of the policy term is 0. Whole Life Insurance.