Many insurance companies offer «no claim bonuses» for not filing claims over a certain period of time. (compare.com)
For the most part, we know that term life insurance is the most popular choice because it allows for coverage over a certain period of time with initially smaller premiums. (termlife2go.com)
This results in a misuse of the instrument as a bond (and even a stock to some degree) is designed to pay you a certain amount over certain periods of time. (pragcap.com)