Guaranteed minimum pension
Guaranteed minimum pensionThe minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).
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 growth bondGuaranteed growth bond
A bond in which a single premium secures a guaranteed amount at its maturity date.
Guaranteed investment contract (GIC)Guaranteed investment contract (GIC)
A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment.
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 bondGuaranteed bond
A type of bond for which a firm other than the issuer guarantees its interest and principal payments.
Further SuggestionsGuaranteed insurability
Guaranteed replacement cost coverage insurance
Guaranteed death benefit
guaranteed death benefit
Guaranteed Mortgage Certificates (GMC)
Guaranteed renewable policy insurance
guaranteed sum assured
guaranteed renewable policy
Guaranteed insurance contract