The term "Immediate Cure" refers to a type of life insurance policy that requires premium payments for only a limited period, usually 10-20 years. Once the policyholder has paid their premiums for this specified time, they are considered fully covered and no further premium payments are required. The immediate cash value is then available to the beneficiaries upon the death of the insured person. This type of life insurance provides a guaranteed payout at the end of the policy term without any additional premiums needed.