Guaranteed death benefit
Guaranteed death benefitPolicies where the company will pay out a certain amount when you die.
Guaranteed death benefitA life policy in which there is a minimum sum payable on the death of the life assured.
Guaranteed Mortgage Certificates (GMC)Guaranteed Mortgage Certificates (GMC)
First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
Guaranteed income bondGuaranteed income bond
A bond in which a single premium secures a guaranteed regular income until maturity at which time the original premium is returned.
Guaranteed renewable policyGuaranteed renewable policy
An insurance policy which is guaranteed renewable provided premiums are paid. The policy conditions remain unchanged although the insurers may review premium rates.
Guaranteed minimum periodGuaranteed minimum period
The period during which an annuity is paid irrespective of whether the annuitant dies during that period.If the annuitant lives beyond this period, payments continue until death. An annuity with such a guarantee could benefit people, with dependants who require the income to continue after their death. This means that the sum of money paid for the annuity would not be wasted in the event of early death.
Guaranteed growth bondGuaranteed growth bond
A bond in which a single premium secures a guaranteed amount at its maturity date.
Further SuggestionsGuaranteed replacement cost coverage insurance
guaranteed minimum pension
Guaranteed renewable policy insurance
Guaranteed investment contract (GIC)
guaranteed sum assured
Guaranteed insurance contract