Life insurance, sometimes referred to as life assurance, provides for a payment of a sum of money upon the death of the insured. In addition, life insurance can be used as a means of investment or saving.
Source: Swiss Re
Showing posts with label policy. Show all posts
Showing posts with label policy. Show all posts
Saturday, June 23, 2007
Universal Life insurance
Life insurance with an investment component as well as a death benefit. You, the policyholder, have the right to increase or decrease the investment amount.
Source: Investor Awareness
Source: Investor Awareness
Insurance: Definition
A contract in which one party agrees to pay for another party's financial loss resulting from a specified event (for example, a collision, theft, or storm damage).
Source: The Federal Reserve Board
Source: The Federal Reserve Board
Subscribe to:
Comments (Atom)