Advertising

Universal life

• A whole life insurance product whose investment component pays a competitive interest rate rather than the below-market crediting rate.

 
 Embedded terms in definition
 Crediting rate
Interest rate
Interest
Life insurance
Whole life insurance
 
 Related Terms
 Average life
Deferred nominal life annuity
Depreciable life
Life annuity
Life annuity with period certain
Life expectancy
Life income with refund annuity
Life insurance
Life insurance companies
Life of contract
Term life insurance
Variable life insurance policy
Weighted average life
Whole life insurance

<< Unit value Unleveraged beta >>

Ways to Cope Financially During and After a Big Change: Here are suggestions for staying focused and avoiding costly decisions during changing times. More...

Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence. - Albert Einstein

Advertising



Copyright 2009-2019 GVC. All rights reserved.