Life insurance

What are the types of term insurance policies?
Term insurance comes in two basic varieties—level term and decreasing term. These days, almost everyone buys level term insurance. The terms “level” and “decreasing” refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term.

Common types of level term are:

* yearly- (or annually-) renewable term
* 5-year renewable term
* 10-year term
* 15-year term
* 20-year term
* 25-year term
* 30-year term
* term to a specified age (usually 65)

Yearly renewable term, once popular, is no longer a top seller. The most popular type is now 20-year term. Most companies will not sell term insurance to an applicant for a term that ends past his or her 80th birthday.

If a policy is “renewable,” that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

Generally, the premium for the policy is based on the insured person’s age and health at the policy’s start, and the premium remains the same (level) for the length of the term. So, premiums for 5-year renewable term can be level for 5 years, then to a new rate reflecting the new age of the insured, and so on every five years. Some longer term policies will guarantee that the premium will not increase during the term; others don’t make that guarantee, enabling the insurance company to raise the rate during the policy’s term.

Some term policies are convertible. This means that the policy’s owner has the right to change it into a permanent type of life insurance without additional evidence of insurability.

FASHION

I preface The History of Fashion and Dress with this statement, because I don’t actually see this course as just a history of different bits of clothing worn in different time periods, but rather as a "History of Western Civilization" course as taught by a female, white, middle class, middle aged costume designer, who thinks that what is important isn’t what people wore, but why they wore it. And who thinks that the history of fashion and dress is the history of everyone. Where the history of politics primarily concerns the power struggles of the upper classes, and the history of war, the power struggles of men, fashion history is about struggles between rich and poor, men and women, East and West, and indigenous populations and colonists.

Clothing for me is a beautiful visual demonstration of the social and emotional needs of it’s wearers, and as such, shows in a clearly understood visual way what people of differing times and cultures wanted socially. Western Fashion is a good beginning, in that it has gone through so many rapid changes and bizarre extremes that it has examples of nearly every kind of clothing function. So I will teach a brief over view of my "history" of Western Civilization, as seen by a female, white, middle class, middle aged costume designer, through The History of Fashion and Dress. Naturally, this being the case, it will illuminate what I think is important in history: aesthetics, the position of women, technological innovations in garment manufacture, sex fetishism, personal self expression, social and political revolutions, and of course, clothes