|
|
Fully paid policy |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Fully paid policyA life insurance policy which remains in force where the insured has paid premiums over part of the term of the policy but is unable to make further payments. In these circumstances the cash or surrender value is used to purchase a single premium policy which pays a reduced amount either on the death of the insured or on maturity if a term is specified other than life.Similar MatchesRegional policyRegional policyIn a trade context, this usually refers to a regional aid. Financial institution buyer credit policyFinancial institution buyer credit policyInsurance coverage for loans by banks to foreign buyers of exports. Valued policyValued policyAn insurance policy in which the value of the insured item is defined and agreed at the commencement of the policy. In the event of a total loss the agreed amount is paid by the insurer without the need for further proof of value. Straight term insurance policyStraight term insurance policyTerm life insurance policy providing a fixed-amount death benefit over a certain number of years. Loan protection policyLoan protection policyAn insurance policy in which the insured pays regular premiums in return for insurance against being unable to repay a loan due to accident, sickness or unemployment. In such an event the policy pays a benefit to assist the insured in making the repayments. Further SuggestionsMonetary policyResults-based trade policy Anti-trust policy Fiscal policy Single buyer policy Industrial policy Fiscal policy Trade Policy Review Mechanism Collection policy Policy exclusions Policy excess Paid up policy Strategic trade policy argument for a tariff Small business policy Policy schedule guaranteed renewable policy Monetary policy Loan Policy Privacy policy Blanket insurance policy unit linked policy Umbrella policy policy document Bank Letter of Credit Policy Interest sensitive insurance policy |
|
|
|