Life Insurance Policy

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

Other Words for Insurance

Insurance Verb Synonyms: assurance, surety, indemnity, indemnification, guarantee or guaranty, warranty, bond, security, protection, cover
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Other Words for Life

Life Verb Synonyms: existence, entity, being, sentience, viability
Life Noun Synonyms: existence, living, way of life, lifestyle
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Other Words for Policy

Policy Verb Synonyms: approach, procedure, (game) plan, design, scheme, programme, method, system, management, conduct, behavior, strategy, tactic(s), principle(s), protocol, regulation, rule, custom, way, practice, ways and means, action
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Key Man (Or Woman) Insurance

Business / Finance / Key Man (Or Woman) Insurance: A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive's death. MORE

Term Insurance

Business / Finance / Term Insurance: Fed funds sold for a period of time longer than overnight. MORE

Level Term Insurance

Business / Finance / Level Term Insurance: A life insurance policy with a fixed face value and increasing premiums. MORE

Interest-Sensitive Insurance Policy

Business / Finance / Interest-Sensitive Insurance Policy: A cash value life insurance policy whose insurance dividend rates vary with respect to inflation, enabling the policyholder to avoid the loss of purchasing power associated with inflation. MORE

Insurance Trust

Business / Taxes / Insurance Trust: You set up an insurance trust to own a life insurance policy on your life. When you die, the face value of the policy is paid to the trust. That keeps the insurance payment out of your estate, while m MORE

Decreasing Term Insurance

Business / Taxes / Decreasing Term Insurance: With a decreasing term life insurance policy, the amount of the death benefit decreases each year of the fixed term — such as 20 years — although the premium remains the same. This type of insuran MORE

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