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Contingent assurance |
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Contingent assuranceLife assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured.Similar MatchesContingent immunizationContingent immunizationAn arrangement in which the money manager pursues an active bond portfolio strategy until an adverse investment experience drives the then-available potential return down to the safety net level. When that point is reached, the money manager is obligated to pursue an immunization strategy to lock in the safety-net level return. Contingent claimContingent claimA claim that can be made only if one or more specified outcomes occur. Contingent deferred sales charge (CDSC)Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Contingent orderContingent orderSee: contingency order. Contingent protectionContingent protectionAdministered protection. Further Suggestionscontingent liabilitiesContingent Voting Power Contingent order Contingent pension liability |
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