What does Bear Market mean? Read on to discover the definition & meaning of the term Bear Market - to help you better understand the language used in insurance policies.
A bear market is a downturn in a market in which the price of securities drops for a period of time. Typically, security prices must drop at least 20% for a market to be a bear market. In the context of insurance, bear markets can lessen the cash value of a life insurance policy that has an investment component.
We hope the you have a better understanding of the meaning of Bear Market.