permanent life coverage
1Permanent life insurance — is a form of life insurance such as whole life or endowment, where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value. This is compared …
2Permanent Life Insurance — An umbrella term for life insurance plans that do not expire (unlike term life insurance) and combine a death benefit with a savings portion. This savings portion can build a cash value against which the policy owner can borrow funds, or in some… …
3Life 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… …
4life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… …
5Term life insurance — or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client… …
6Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… …
7Term Life Insurance — A policy with a set duration limit on the coverage period. Once the policy is expired, it is up to the policy owner to decide whether to renew the term life insurance policy or to let the coverage end. This type of insurance policy contrasts with …
8Cash-Value Life Insurance — A type of life insurance policy that pays out upon the policyholder s death, and also accumulates value during the policyholder s lifetime. The policyholder can use the cash value as a tax sheltered investment (the interest and earnings on the… …
9Child Life Insurance — is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child’s funeral or burial[1] and to secure inexpensive and guaranteed insurance for… …
10CULTURAL LIFE — Introduction The movement for the return to Zion which emerged as a force at the end of the 19th century was based on a variety of motivations, including the political – the demand for an independent homeland where the Jews could forge their own… …
