Contingent assurance


 

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Contingent assurance

Life 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 Matches

Contingent immunization

Contingent immunization

An 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 claim

Contingent claim

A 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 order

Contingent order

See: contingency order.


Contingent protection

Contingent protection

Administered protection.


Further Suggestions

contingent liabilities
Contingent Voting Power
Contingent order
Contingent pension liability


 
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