Terms and Conditions

Does anyone know what the term "term life insurance" means?

I have no idea what it means to have term, whole, partial, secondary, elite or any other types of life insurance that I could make up.

I know that I have it through work and that we have it for my wife but that's about it. Hopefully we have the right kind, assuming that one of the kinds is bad. As it is, I don't really know.

This probably is one of those things that it pays to understand but I've just never taken the time. If anyone has I'd be interested to know in as few words as possible, given that your meaning is still clear. A response of "blue" won't mean much unless you include a few more words, for instance.

Thanks again for keeping me well informed.