insurance with option
11Insurance bond — An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment. Due to tax laws they are a common form of investment in the UK and some offshore centres.Traditionally insurance bonds were with… …
12Option fee — In a real estate context, an option fee is money paid by a Buyer to a Seller for the option to terminate a real estate contract. Option fee funds should not be confused with earnest money. The use of option fees is most common in the residential… …
13Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …
14Health insurance in the United States — The term health insurance is commonly used in the United States to describe any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance or a non insurance social welfare program funded by the… …
15Landlords insurance — is a policy to cover a property owner from financial losses connected with their property which they let out. Mainly a landlord insurance policy will cover the building itself with the option of including the contents left within.The policy will… …
16First Colony Life Insurance Company — Founded by Edwin Horner in 1955, First Colony Life (FCL) grew from a local term life insurance company in Lynchburg, Virginia, specializing in impaired risk underwriting into a national provider of life insurance and annuity products. First… …
17settlement option — An option provided for the insured under a life insurance policy, respecting the method and time of payment of the proceeds of the insurance. An option provided the annuitant under an annuity contract in reference to taking a straight annuity, an …
18Equity-Indexed Universal Life Insurance — A permanent life insurance policy that allows policyholders to tie accumulation values to a stock market index. Indexed universal life insurance policies typically contain a minimum guaranteed fixed interest rate component along with the indexed… …
19term life insurance — see life insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. term life insurance …
20health insurance — insurance that compensates the insured for expenses or loss incurred for medical reasons, as through illness or hospitalization. [1900 05] * * * System for the advance financing of medical expenses through contributions or taxes paid into a… …
