cancellation of a policy
11noncancelable policy — A policy of insurance containing provisions which limit the right of the insurer to cancel the policy, particularly a policy of health and accident insurance restricting cancellation after an illness or accident occurring to the insured. Dudgeon… …
12unit-linked policy — A life assurance policy in which the benefits depend on the performance of a portfolio of shares. Each premium paid by the insured person is split: one part is used to provide life assurance cover, while the balance (after the deduction of costs …
13surrender of policy — The cancellation of an insurance policy completed upon delivery of the instrument by the insured to the insurer. 29 Am J Rev ed Ins § 400 …
14cash surrender value — The cash value of a life insur ance policy as ascertainable by established rules, where the policy has been abandoned and given up for cancellation to the insurer by the person having a contractual right to do so. 29 Am J Rev ed Ins § 620; the… …
15mark it off — An expression in the nature of a request accompanying the return of a binder to an insurance company, but insufficient as a request for the cancellation of the policy, the theory being that in insurance parlance a request for cancellation is not… …
16value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …
17Guaranteed consumer funding — is an type of credit similar to layaway, which allows consumers to purchase items on a payment plan regardless of their credit history. This process requires signing a contract in which the consumer promises to make all of the payments in full by …
18Noisy investigation — Noisy investigations are used by the Church of Scientology to intimidate, harass, and attack their enemies. The Church used to openly label such people as Fair Game. The goal of a noisy investigation may not be to find out anything, but to harass …
19Michael Laxer — Born 1970 Toronto, Ontario Nationality Canadian Occupation Business Owner/Politician …
20Adjusted Premium Method — A calculation method used arrive at a life insurance policy s cash surrender value (CSV). There are three steps in the Adjusted Premium Method. 1. Calculate the first year expense allowance 2. Arrive at the Adjusted Premium 3. Substitute the… …
