Guaranteed Replacement Cost Coverage Insurance

Business / Finance / Guaranteed Replacement Cost Coverage Insurance: A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same change is applied to all policyholders.

Other Words for Cost

Cost Verb Synonyms: price, outlay, payment, charge, expense, expenditure, rate, tariff
Cost Noun Synonyms: sell for, get, fetch, bring in, set (someone) back
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Other Words for Insurance

Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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Life Insurance In Force

Business / Finance / Life Insurance In Force: The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid. MORE

Life Insurance

Business / Finance / Life Insurance: An insurance policy that pays a monetary benefit to the insured person's survivors after death. MORE

Life Cycle Costing

Business / Real Estate / Life Cycle Costing: In property management, comparing one type of equipment to another based on both purchase cost and operating cost over its expected useful lifetime. MORE

Life Insurance Policy

Business / Finance / Life Insurance Policy: The contract that sets out the terms of life insurance coverage. MORE

Long-Term Care Insurance

Business / Human Resources (HR) / Long-Term Care Insurance: An insurance plan that provides coverage for individuals with long-term illnesses or disabilities by paying in whole or in part for long-term medical and nonmedical care services. MORE

Lower Cost Or Market (LCM)

Business / Accounting / Lower Cost Or Market (LCM): A basis for valuing certain assets at the lower of original cost or current market value. MORE

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