Paid-Up Policy

Business / Taxes / Paid-Up Policy: A paid-up policy is a whole life insurance policy for which no additional premium payments are required to keep in force. Generally, a standard paid-up policy lasts the rest of your lifetime or until you reach a specific age, such as 100. Some policies are designed to be fully paid up at an age specified in the contract, such as whole life policies for which you pay no more premiums after age 65.

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
MORE

Perfect Market View (Of Dividend Policy)

Business / Finance / Perfect Market View (Of Dividend Policy): Analysis of a decision on dividend policy, in a perfect capital market environment, that shows the irrelevance of dividend policy. MORE

Participating Policy

Business / Taxes / Participating Policy: When policyholders have what is called a participating policy from a mutual insurance company, they are eligible to receive dividends based on the company’s financial performance. When claims are lo MORE

Policy

Business / Human Resources (HR) / Policy: A written statement that reflects the employer’s standards and objectives relating to various employee activities and employment-related matters. MORE

Links
Home
Glossary
Thesaurus