e/Theory of Decreasing Responsibility

Information
has gloss	eng: The Theory of Decreasing Responsibility is a life insurance philosophy promoted by proponents of term life insurance (as opposed to cash-value insurance). The theory assumes that the financial responsibilities of the insured are temporary and insurance should be purchased to offset those responsibilities. These responsibilities include paying consumer debts, mortgages, funding children’s education and income replacement.
lexicalization	eng: Theory of Decreasing Responsibility
instance of	(noun) insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance" life assurance, life insurance